Turkey Caps Post-Recession Comeback With Growth Matching China’s

Turkey’s economy completed its turnaround after a recession thanks to a mix of stimulus policies that combined interest-rate cuts and a spending splurge.

Gross domestic product rose faster than the highest forecast by economists last quarter as it grew 6% from a year earlier, up from 0.9% in the previous three months. The median of 19 estimates in a Bloomberg survey was for 5%. It grew a seasonally and working day-adjusted 1.9% compared with the third quarter, according to data released on Friday.