BNP Paribas in Turkey News & Press
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April 13, 2010 -

The Turkish Newsletter – Avril 13th 2010

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During the last two weeks, the Turkish economy was highlighted by the following items:

  • GDP rose by 6%y/y in 4thQ09, leading to a GDP decrease of -4.7% in 2009.
  • CPI index rose by 0.6%m/m in March10, implying a 9.5%y/y increase.
  • Current Account’s deficit widened as it posted a deficit of US$2.6bn in Feb10 (vs. a deficit of US$308mn in Feb09).
  • Industrial Production increased by 18%y/y in Feb10.
  • Public Sector gross debt stock reached TL465bn as of year-end 09, equivalent to 49% of the country’s GDP.
  • Constitutional Amendments were introduced to the Parliament for discussions.
  • The Turkish Newsletter – Avril 13th 2010 (123 ko)