Turkish GDP has risen more than forecast. Gross domestic product grew in the third quarter by 4.4 percent from the same period last year.<br /><br />Strong domestic demand offset a weaker export performance. Exports held back growth in the third quarter, falling 2.2 percent from a year earlier, despite a depreciation in the lira.<br /><br />Economists said that shows GDP growth is evolving towards private consumption and investments and away from public spending and exports.<br /><br />However, economists and policymakers continue to voice concerns about Turkey’s major fuel imports.<br /><br />They are responsible for a huge trade gap and expose the country to volatile oil prices and global money flows.
