Economic data

BELGRADE - Quoting figures from the national statistical office, the National Bank of Serbia (NBS) says Serbia's real GDP growth in Q1 2024 amounted to 4.7 pct y-o-y, slightly exceeding the flash estimate of 4.6 pct y-o-y.

Turkey's calendar-adjusted industrial production jumped 40.7% in May compared to the same month last year, the country's statistical authority announced on July 13. 

The overall rise beat even the upper range of economists' estimates from an Anadolu Agency survey.

Turkey's calendar-adjusted industrial production surged 11% year-on-year last November, the country's statistical authority said on Jan. 13. 

The figure, which beat market expectations, indicates strong growth for the third quarter of 2020.

Turkey's industrial production saw a decline of 2% year-on-year in March 2020, the country's statistical authority said on May 14. 

Turkish Statistical Institute (TurkStat) revealed that all three main sub-indices- mining and quarrying, manufacturing, and the electricity, gas, steam and air conditioning- dropped 5.6%, 1.9% and 0.9%, respectively, in March.

Industrial production in April decreased by 1.9% compared to March 2019, according to preliminary data of the National Statistical Institute (NSI). In the fourth month of the year, the calendar index recorded a growth of 2.4 per cent compared to April 2018.

The previous Note for Discussion looked at a path for nominal gross domestic product and developments in the implicit GDP deflator; the latter being a broad measure of inflation in the Greek economy. We ended up asking ourselves, upon inspecting this "price vector" for Greece, whether external competitiveness has improved and has now been restored.

The International Monetary Fund on May 2 censured Venezuela for failing to provide key economic data in a process that eventually could result in the Latin American nation's expulsion from the fund.

Turkey's industrial production increased by 14.5 percent in July compared to the same month last year, the Turkish Statistical Institute (TÜİK) announced on Sept. 8.

On an annual basis, the manufacturing index saw the biggest rise in July, up by 16 percent, among all three main sub-indices, TÜİK said.        

Turkey's industrial production advanced 3.4 percent in June 2017 compared to the same month last year, the Turkish Statistical Institute (TÜİK) announced on Aug. 8.

Turkey's industrial output is deemed a vital indicator for the economy as it is seen as a preliminary gauge for GDP growth. 

A Bank of Greece (BoG) study reveals a collapse in Greeks’ net wealth, assets, income and consumption of goods and services. One of the most shocking findings in the report is that annual food consumption by Greek households dropped by a staggering 27%.