Turkish economy grows 2.1 percent in Q2

Wednesday, 10 September 2014 11:36:06 (GMT+3)   |   Istanbul
       

On September 10, the Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in the second quarter of the current year grew by 9.7 percent to TRY 423.92 billion ($192.08 billion) in current prices and by 2.1 percent in constant prices to TRY 30.8 billion ($12.50 billion), both compared to the second quarter of 2013.

On the other hand, in the second quarter of this year, Turkey's seasonal and calendar adjusted GDP decreased by 0.5 percent compared to the first quarter of this year.

According to the TUIK data, Turkey's manufacturing sector contributed 25.4 percent in constant prices to Turkey's overall GDP in the second quarter of 2014.


Similar articles

CIB: Turkish steel industry seeks exemptions from Section 232 tariffs

15 Mar | Steel News

TCUD: It is unfair to blame Turkish steel producers for price increases

24 Nov | Steel News

Scrap continues to rise on Orbis Steel Index

11 May | Steel News

Turkish metal producers' foreign sales prices up 10% in June

21 Jul | Steel News

Turkey's basic metals turnover index up 8.1% in Sept

13 Nov | Steel News

Andrés Barceló: European steel production is led by exports

05 Oct | Steel News

Ruggero Alocci: Scrap trade flow may change in the future

08 Jun | Steel News

How Bad Is China Really?

02 Mar | Steel Matters

CIB: Turkish steel industry seeks exemptions from Section 232 tariffs

15 Mar | Steel News

TCUD: It is unfair to blame Turkish steel producers for price increases

24 Nov | Steel News