Passenger car imports leap 102% while vehicle sales the domestic market jump 89% as aggressive monetary easing and looser fiscal policy kick in.
Capital estimates economy expanded 1.5% q/q in Q4 with looser fiscal and monetary policy as drivers. But signs are pressure on lira likely to mount. Central bank expected to hike rates by second half.
Turkish manufacturing sees a headline survey figure above 50.0 no-change mark for first time in 22 months.
Average at local banks fell to 9.60%, lowest recorded in three years.
Most economies are failing to provide the conditions in which their citizens can thrive, said the World Economic Forum on releasing its new social mobility index.