"Turkish Industry Red Hot. Maybe Too Hot, Say Economists
By Joe Parkinson
The weather in Istanbul may be unseasonably chilly, but Turkish industry is burning red hot.
January numbers published Tuesday by Turkstat confirmed Turkey’s industrial production leapt 18.9% on the year, comfortably topping analysts’ expectations of a 14.8% rise. The news underlines the emerging economy’s continued momentum, since industrial output on average represents a whopping 25% of total gross domestic product."
More:Turkish Industry Red Hot. Maybe Too Hot, Say Economists - New Europe - WSJ
