Turkiye’s economy grows 7.6% in 2nd quarter ...Qatar

Turkiye’s economy grew 7.6% year-on-year in the second quarter as expected, extending a hot streak on strong domestic demand and exports, according to data yesterday, though economic activity was seen slowing through year end as demand cools. Gross domestic product (GDP) expanded 2.1% compared with the previous quarter on a seasonally and calendar-adjusted basis, Turkish Statistical Institute data showed. President Recep Tayyip Erdogan’s economic plan prioritises growth, employment, investment and exports, driven by a series of unorthodox interest rate cuts that sparked a currency crisis and inflationary spiral late last year. Rising prices helped drive spending while the falling lira helpe

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