The Turkish economy lost some pace but remained buoyant in the third quarter of this year, official data showed Wednesday.
The gross domestic product (GDP) expanded by 3.9% in the July-September period, the Turkish Statistical Institute (TurkStat) said.
The Turkish economy bounced back strongly from the COVID-19 pandemic to expand by 11.4% in 2021. It grew 7.5% in the first quarter and 7.6% in the second, extending its hot streak on strong domestic demand and exports.
But the economy was set to cool in the rest of the year as both domestic and foreign demand eased, partly due to a slowdown in the main trading partners hurting exports.