Financial News: Turkey GDP Growth Eases In Q1

Turkey GDP Growth Eases In Q1

06/01/2026 - 09:01:00 (RTTNews)

(RTTNews) - Turkey's economic growth moderated further in the first quarter of 2026, official data revealed Monday.

Gross domestic product posted an annual growth of 2.5 percent after rising 3.4 percent in the fourth quarter, the Turkish Statistical Institute said. The expected expansion was 2.7 percent.

The expenditure breakdown showed that the yearly growth of household final consumption eased to 4.8 percent from 5.2 percent, and government expenditure rose by 2.1 percent. The growth in investments moderated to 3.0 percent from 5.4 percent, and net foreign demand was not favorable as exports plunged 12.7 percent amid a 2.0 percent fall in imports.

Quarter-on-quarter, the economy grew 0.1 percent, slower than the 0.4 percent increase in the previous quarter.

Separate survey data from S&P Global showed that the Istanbul Chamber of Industry Manufacturing PMI rose to 49.8 in May from 45.7 in April. The latest reading was the highest since March 2024 and signaled a near stabilization of business conditions.

Among components, output returned to growth, and purchasing activity also rose due to safety stock building amid price and supply disruption caused by the war in the Middle East.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Switzerland GDP Expands Less Than Estimated In Q1 (13 min(s), 34 sec(s) ago)
(RTTNews) - The Swiss economy expanded less than estimated in the first quarter on subdued domesti ...Full Story»

Poland Q1 GDP Growth Eases Less Than Estimated (29 min(s), 34 sec(s) ago)
(RTTNews) - The Polish economic growth moderated slightly less than estimated initially in the fir ...Full Story»

Turkey GDP Growth Eases In Q1 (57 min(s), 34 sec(s) ago)
(RTTNews) - Turkey's economic growth moderated further in the first quarter of 2026, official ...Full Story»

Eurozone Manufacturing Activity Growth Slows (01 hr(s), 22 min(s), 34 sec(s) ago)
(RTTNews) - The upturn in the euro area manufacturing sector lost momentum in May amid rising pric ...Full Story»

Dutch Factory Growth Strongest In Nearly 4 Years (01 hr(s), 53 min(s), 34 sec(s) ago)
(RTTNews) - Dutch manufacturing activity expanded at the quickest pace in almost four years due to ...Full Story»

Eurozone Private Sector Loans Log Steady Growth (02 hr(s), 04 min(s), 34 sec(s) ago)
(RTTNews) - Loans to the euro area private sector registered a steady growth in April and the annu ...Full Story»

Swedish Manufacturing Growth Highest Since Early 2022 (03 hr(s), 11 min(s), 34 sec(s) ago)
(RTTNews) - Sweden's industrial economy expanded at the quickest pace in more than four years ...Full Story»

Eurozone Jobless Rate Stable At 6.3% (03 hr(s), 59 min(s), 34 sec(s) ago)
(RTTNews) - The euro area unemployment rate remained unchanged in April, data from Eurostat reveal ...Full Story»