Monday, January 2, 2012

Turkey export growth 'hits record in 2011'

News article from afp.com
By afp news

Turkey's exports increased by a record 18.2 percent in 2011, reaching $134.6 billion, Economy Minister Zafer Caglayan said on Monday.
"This is a record in the history of the republic," the minister was quoted as saying by the Anatolia news agency.

Turkish exports in December 2011 increased by 4.5 percent compared to the same month in 2010 and hit $12.1 billion, he added.

Turkey, a country of about 73 million people and the world's 17th-biggest economy, shows one of the highest growth rates in the world, but the government expects output to roughly halve next year because of the eurozone crisis.



The economy grew by 8.9 percent in 2010 and the government forecasts growth of 8.0 percent for 2011.


Read more @ afp.com
Article belongs to the respective news writers of afp.com and afp.com
Used for public information only.

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