Monday, July 2, 2007

Turkish Economic Growth Accelerated in First Quarter on European Exports

(Bloomberg) -- Turkey's economic growth accelerated in
the first quarter led by record exports to the European Union and
increased government spending.

Gross domestic product expanded an annual 6.8 percent,
compared with 5.2 percent in the previous three months, the state
statistics office in Ankara said today. The economy had been
expected to grow by 5.8 percent, according to the median estimate
of 10 economists surveyed by Bloomberg.


Read more at Bloomberg Emerging Markets News

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