contraction

Turkey's economy contracted nearly 12 percent in the second quarter due to the coronavirus lockdown, a Reuters poll showed on Friday.The figure indicates the...

Turkey’s economy is expected to contract this year for the first time in more than a decade as the coronavirus pandemic and related restrictions...

The European Bank for Reconstruction and Development (EBRD) said on Wednesday it expects Turkey's GDP to contract by 3.5 percent in 2020 due to the coronavirus...

Turkey’s economy is expected to contract by 0.3 percent this year, the Organisation for Economic Cooperation and Development (OECD) said in its latest global economic outlook,...

The outlook will remain negative for Turkey’s construction sector in the coming quarters even though new construction orders saw a month-on-month increase in July and August, according...

The Turkish economy contracted less than expected in the second quarter, 1.5 percent year-on-year, as it looks to shake off the effects of a recession brought...

The Turkish economy contracted 2.6 percent year-on-year in the first quarter, in line with expectations, as the official data reinforced the country’s slide into recession after last...

Turkey’s consumer confidence dropped to the lowest level on record in May, dampening hopes for a sustainable economic recovery in the country, the Ahval news website reported...

The Organization for Economic Co-operation and Development (OECD) has revised its projection for Turkey’s GDP, forecasting a 2.6 percent contraction in 2019 instead of the previously anticipated...

Goldman Sachs, a global investment bank and financial services company, has lowered its expectations for the Turkish economy’s contraction at yearend 2019 from 1.5 percent to...

Figures from Turkey’s Automotive Distributors Association (ODD) have revealed that in the first quarter of 2019 the sale of passenger cars and commercial vehicles has dropped 44.2...

The Organization for Economic Co-operation and Development (OECD) has revised its 2019 forecast for Turkey’s GDP growth, predicting a sharper downward trend than in...