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This growth rate is much faster than the previous quarter.
New data shows that the country's GDP rose by 2.3% year-on-year in the first quarter, not 2%, as was initially reported.
On average, experts thought Turkey's GDP would grow by 4.1% in the second quarter, according to Trading Economics.
Consumer spending went up by 5.1% in the second quarter compared to the same period last year.
Government spending dropped by 5.2%, while gross investment increased by 8.8%. Exports rose by 1.7%, and imports went up by 8.8%.
The economy expanded by 1.6% from one quarter to the next in the second quarter, following a 0.7% growth in the first quarter.
source: tradingeconomics.com
New data shows that the country's GDP rose by 2.3% year-on-year in the first quarter, not 2%, as was initially reported.
On average, experts thought Turkey's GDP would grow by 4.1% in the second quarter, according to Trading Economics.
Consumer spending went up by 5.1% in the second quarter compared to the same period last year.
Government spending dropped by 5.2%, while gross investment increased by 8.8%. Exports rose by 1.7%, and imports went up by 8.8%.
The economy expanded by 1.6% from one quarter to the next in the second quarter, following a 0.7% growth in the first quarter.
source: tradingeconomics.com
