Turkey’s economy grows by 1.6 percent in Q3

Monday, 10 December 2018 13:59:27 (GMT+3)   |   Istanbul

According to the Turkish Statistical Institute (TUIK), Turkey's GDP in the third quarter of this year rose by 1.6 percent compared to the same period of the previous year.

In the third quarter of this year, household final consumption expenditure increased by 1.1 percent, government final consumption expenditure rose by 7.5 percent and gross fixed capital formation was down by 3.8 percent, all year on year.

According to the TUIK data, Turkey's manufacturing sector contributed 18.1 percent in current prices to Turkey's overall GDP in the third quarter this year.

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