ISTANBUL: The Turkish economy is expected to expand by 5.9% in the first quarter on yearly basis, an Anadolu survey found on Monday. Fourteen economists estimate that the economy hovered between 4.2% and 7% gain during the January-March period. Economists expected 3.38% growth in 2024, ranging between 2.9% and 4%, and 3.56% growth in 2025. The Turkish Statistical Institute will release official figures on Friday. The country's economy grew by 4% in the final quarter of 2023. *Writing by Gokhan Ergocun Source: Anadolu Agency
Related Articles
Russia implementing oil output cut – Kpler
Russian oil production is expected to decline by 350,000 barrels per day (bpd) from February levels in a sign that Moscow is carrying out its plan for a voluntary cut, the Oilprice website reported last week, citing data from Kpler.According to the com…
Russia’s annual inflation accelerates to 16-month high
ANKARA: The annual consumer inflation rate in Russia accelerated for the sixth consecutive month in June, hitting its highest level since Feb. 2023, according to data released on Wednesday.
Consumer prices increased 8.59% year-on-year in June, follow…
Employment in Broad Public Sector up by 1.2% on annual basis in Q2
Employment in the broader public sector increased by 894 persons or 1.2% in the second quarter of 2023, compared to the corresponding quarter of 2022 and by 0.8% compared to the first quarter of 2023. According to data released on Wednesday by the Sta…