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    Published on Tuesday, April 16, 2019

    Turkey | IP consolidates the "bottoming-out" signals

    Summary

    Industrial Production (IP) contracted by 5.1% yoy in calendar adjusted terms in February (-6.2% Consensus& -6.7% BBVA Research). IP (sca) recovered by 0.7% in the first 2 months of 2019 compared to 4Q18. A prudent economic policy stance is key to maintain the recovery in the coming quarters as the new round of financial volatility poses some risks for the rest of the year.

    Geographies

    Topics

    Authors

    Seda Guler Mert BBVA Research - Chief Economist
    Alvaro Ortiz BBVA Research - Head of Analysis with Big Data
    Ali Batuhan Barlas BBVA Research - Principal Economist
    Adem Ileri BBVA Research - Principal Economist

    Documents and files


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    Report (PDF)

    Turkey-Activity-Pulse-April2019

    English - April 16, 2019

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