"Turkish Growth Slumps to Slowest in Six Years
By Steve Bryant
Sept. 10 (Bloomberg) -- Turkey's economy grew at the slowest pace since the country emerged from a recession six years ago as higher interest rates and the threat of political instability hurt consumer spending.
Gross domestic product growth slowed to 1.9 percent from a revised 6.7 percent in the previous quarter, the state statistics office in Ankara said on its Web site today. The economy was expected to expand by 3.7 percent, according to the median estimate of 15 economists surveyed by Bloomberg."
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