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Turkey's GDP increases by 3.2 percent

Business Materials 2 July 2012 17:11 (UTC +04:00)

Azerbaijan, Baku, July 2 / Trend, A.Taghiyeva /

Turkey's real GDP growth was 103.2 percent in the first quarter of 2012, compared to the same period of 2011, the Turkish Statistics Institute's report said on Monday.

At current prices, GDP increased by 14.2 percent and amounted to 329.02 billion lira as of the first quarter.

GDP per capita amounted to 17,360 lira during the reporting period.

During this period, the highest growth was observed in energy sector - 8.4 percent, construction sector - 2.8 percent, transport sector - 4.8 percent.

The official exchange rate is 1.8065 TRY/USD on July 2.

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