"Turkish Growth Accelerated to 9.2% in Fourth Quarter After Boom in Credit
By Steve Bryant -
Turkey’s economic growth accelerated to 9.2 percent in the fourth quarter, extending a credit-driven boom that the central bank says may pose a risk to financial stability.
The growth rate rose from a revised 5.2 percent in the previous three months, the state statistics office in Ankara said on its website today. The economy had been expected to expand 7.4 percent, according to the median estimate of six economists surveyed by Bloomberg. In the whole of 2010, gross domestic product grew 8.9 percent. "
More:Turkish Growth Accelerated to 9.2% in Fourth Quarter After Boom in Credit - Bloomberg
