Turkey's Gross Domestic Product (GDP) increased by 0.9% in the third quarter of 2019.

Gross domestic product increased by 0.9% compared with the same quarter of previous year in the third quarter of 2019, the Turkish Statistical Authority (TurkStat) said in a statement on Monday.

Ekleme: 02.12.2019 11:05:17 / Güncelleme: 02.12.2019 11:05:17 / English News
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Gross domestic product increased by 11.5% and reached 1 trillion 145 billion 99 million TRY at current prices, TurkStat announced.
 
"The total value added increased by 3.8% in the agricultural sector, 1.6% in the industry sector and decreased by 7.8% in the construction sector and increased by 0.6% in the services sector (wholesale and retail trade, transport, storage, accommodation and food service activities) compared with the same quarter of the previous year in the chained linked volume index," the statement said.

"Calendar adjusted gross domestic product in the third quarter of 2019 increased by 0.6% compared with the same quarter of the previous year. Seasonally and calendar adjusted gross domestic product increased by 0.4% compared with the previous quarter," it added. (ILKHA)