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Friday, January 18, 2019

Turkey seen falling short of growth targets, recession in progress - Nasdaq.com

Turkey seen falling short of growth targets, recession in progress
January 17, 2019, 01:15:00 AM EDT By Reuters

Reuters

By Ezgi Erkoyun

ISTANBUL, Jan 17 (Reuters) - Turkey's economy began contracting in the last quarter and won't grow again until the third quarter of 2019, while growth will miss government forecasts through 2021, a Reuters poll found, underscoring the serious damage caused by a currency crisis.

More:Turkey seen falling short of growth targets, recession in progress - Nasdaq.com