Turkey's gross domestic product (GDP) grew 1.9 percent year-on-year in the second quarter, the Turkish Statistics Institute said on Wednesday.


However in a recent survey, Bloomberg expected Turkish economic growth to probably slow in the second quarter because consumer confidence slumped as the central bank raised interest rates and a political crisis enveloped the government.

Gross domestic product rose 3.7 percent after expanding 6.6 percent in the previous three months, according to the median estimate of 12 economists surveyed by Bloomberg.

The Turkish government had set a growth target of 5.5 percent for 2008, although government officials have since revised its estimates to around 4.5 percent which was reached at the end of 2007.