Turkey’s economy grows by 11.1 percent in Q3

Monday, 11 December 2017 14:24:10 (GMT+3)   |   Istanbul
       

According to the Turkish Statistical Institute (TUIK), Turkey's GDP in the third quarter of this year rose by 11.1 percent compared to the same period of the previous year.

In the third quarter of the current year, household final consumption expenditure increased by 11.7 percent, government final consumption expenditure increased by 2.8 percent and gross fixed capital formation rose by 12.4 percent, all year on year.

According to the TUIK data, Turkey's manufacturing sector contributed 16.1 percent in current prices to Turkey's overall GDP in the third quarter this year.


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