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Macroeconomic indicators - Turkish economy emerges from recession
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Thursday, 01 Apr 2010
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According to official data, Turkey emerged from a crippling recession as its economy grew by a strong 6.0% in the Q4.

The Turkish Statistical Institute said that the growth broke a slump that lasted Q4 and helped to reduce the economic contraction for 2009 to 4.7%. The government had projected 6% contraction for 2009.

The institute also revised contraction rates for the Q1, Q2 and Q3 from 14.7% to 14.5% from 7.9% to 7.7% and from 3.3% to 2.9%.

(Sourced from www.hurriyetdailynews.com)

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