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Turkish economy grew by 2.5 percent in the first quarter of 2026
The Turkish economy recorded a growth rate of 2.5 percent year-on-year in the first quarter of 2026. However, the contraction in the industrial sector and the decline in purchasing power raise questions about whether this growth is reflected in prosperity, while expectations for purchasing housing have fallen to the lowest level of the year.
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Economy
Turkey ranks in the top 20 of the global economy while staying at 68th place in minimum wage rankings
According to International Labour Organization data, although Turkey is among the world's 20 largest economies, it ranked 68th out of 131 countries in minimum wage rankings, staying behind Iraq and Mexico.
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Economy