May 27, 2012
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Trade and services turnover rises in the last quarter of 2009
13 March 2010 / TODAY’S ZAMAN, ANKARA
The turnover in Turkey’s trade and services sector increased by 9.9 percent in the last quarter of 2009 compared to the same period of 2008 and 6.7 percent over the previous quarter, a recently released survey has shown, raising hopes of a strong recovery from the global financial crisis.
According to fourth quarter figures from the Quarterly Trade and Services Turnover Index, released yesterday by the Turkish Statistics Institute (TurkStat) employment in the trade and services sector also increased by 1.6 percent compared to the same quarter of 2008, but decreased by 1.4 percent over the previous quarter. In the last three months of 2009, the number of hours worked in these sectors suffered a drop of 1.2 percent compared to the last quarter of the previous year and 2.6 percent compared to the third quarter of 2009.
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