Turkey: Economic Growth Exceeds Forecasts

BusinessEconomy ♦ Published: September 12, 2013; 16:24 ♦ (Vindobona)

Turkey’s economy continues on its growth track for the 15th consecutive quarter.

Turkey: Economic Growth Exceeds Forecasts / Picture: © Vindobona.org

Turkey’s economy continues on its growth track for the 15th consecutive quarter, expanding by 4.4 percent in the second quarter of 2013, according to the Turkish Statistical Institute (TurkStat).

The 4.4 percent growth rate exceeds forecasts and makes the country the highest performing economy in Europe and the third fastest grower in the world. Meanwhile, TurkStat revised the…