Turkish economy showed a robust growth in Q1 of 2024. Turkish Statistical Institute (TÜİK) has announced that Türkiye’s economy grew by 5,7% between January and March 2024. The economy generated $285 billion revenue in Q1.
Statistics show that Turkish economy is in a fast resilience process. Central Bank announced that its foreign reserves reached $142 billion, a record for Türkiye.
In addition, government expects inflation to peak in May, reaching 75%, but falling down from June onwards permanently.
