Turkey outpaces peers as economy shrinks 9.9% in Q2 due to COVID-19

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Turkey outpaces peers as economy shrinks 9.9% in Q2 due to COVID-19

The country's gross domestic product (GDP) in the April-June period shrank 9.9% a year earlier after it had grown 4.5% in the previous three months,

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The country’s gross domestic product (GDP) in the April-June period shrank 9.9% a year earlier after it had grown 4.5% in the previous three months, according to Turkish Statistical Institute (TurkStat) data on Monday.

“We knew that we would feel the effects of the most catastrophic pandemic of the century that brought the world economies to […]

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