Türkiye’s economy grows 2.3 percent in second quarter

Hurriyet Daily NewsParty-alignedCenter2 hr. ago

Turkey's economy experienced a 2.3% year-on-year growth in the second quarter of 2026, according to data released by the Turkish Statistical Institute (TÜİK). On a quarterly basis, GDP expanded 1.1% after adjusting for seasonal and calendar variations. Agriculture saw the highest annual growth at 13.3%, while information and communication industries grew by 8.6%. Other sectors like services and industry also showed positive growth, though construction was the only major sector to contract, declining by 1.9%. At current prices, GDP reached 19.87 trillion Turkish liras ($438.35 billion), with household consumption up 3.5% and government spending down 1.8%. Exports fell 3.4%, but imports dropped more sharply by 6.4%. Treasury Minister Mehmet Şimşek highlighted the country's balanced growth supported by both domestic and external demand, noting a sustainable current account deficit of $38.9 billion. Separately, annual GDP growth for 2025 was reported at 3.7%, with manufacturing contributing the most to economic activity.

Bias read (Center): The article presents economic data objectively, focusing on statistical outcomes and official reports without overtly favoring any political ideology. While it mentions government officials and policies, the tone remains neutral, emphasizing factual growth figures and ministerial commentary without咄

Daily SabahParty-alignedCenter3 hr. ago

Türkiye's economy grew 2.3% year-over-year in the second quarter of 2026, according to official data from the Turkish Statistical Institute (TurkStat). The GDP expanded 1.1% compared to the previous quarter on a seasonally adjusted basis. Agriculture, forestry, and fishing saw the highest annual growth at 13.3%, while construction was the only major sector to contract, declining 1.9%. At current prices, Türkiye's GDP reached 19.87 trillion Turkish liras ($438.35 billion) in Q2 2026. In 2025, the country's GDP grew 3.7%, with manufacturing contributing the largest share at 15.6%. However, agriculture, forestry, and fishing contracted 8.5% in 2025.

Bias read (Center): The article presents statistical data from an official source (TurkStat) without overtly biased language or selective emphasis. It reports both positive and negative economic indicators across various sectors, providing a balanced overview of the economy's performance without apparent ideological sl