Turkey’s GDP up 2.3 percent in Q1

Wednesday, 10 June 2015 15:29:50 (GMT+3)   |   Istanbul
       

The Turkish Statistical Institute (TUIK) has announced that Turkey's gross domestic product (GDP) in the first quarter of this year grew by 7.8 percent to TRY 443.19 billion ($161.8 billion) in current prices and by 2.3 percent in constant prices to TRY 30.89 billion ($11.28 billion), both compared to the same period of the previous year.

Meanwhile, in the first three months Turkey's seasonal and calendar adjusted GDP increased by 1.3 percent compared to the first quarter of 2014.

According to the TUIK data, Turkey's manufacturing sector contributed 25.4 percent in constant prices to Turkey's overall GDP in the first quarter this year.


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