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06/07/2010
The Turkish Newsletter July 6th, 2010
During the last two weeks, the Turkish economy was highlighted by the following items:
- GDP surged by 11.7%y/y in 1stQ10.
- CPI index decreased by 0.6%m/m in June10 for the second consecutive month, bringing the annual rate to 8.4%..
- Foreign Trade deficit widened by US$4.8bn in May10, up by 40% on y/y terms.
- The Constitutional Court adjoined to discuss the amendment package. The discussion could pave into a new political path in the country which the markets seem to ignore for the time being.
The Turkish Newsletter July 6th, 2010 (PDF) (108 ko)