Turkey’s exports increased by 11.9 percent on a yearly basis to climb $12.4 billion in August, Turkish Exporters Assembly (TIM) announced Friday. “Exports in the first eight months of the current year increased by 10.7 percent to $102.5 billion, and the exports in the last 12 month increased by 7.8 percent to $151.8 billion,” the association said.
Property sales in Turkey rose by 6.4 percent on an annual basis during May, Turkish Statistical Institute reported Friday. According to the institute, 114,800 houses changed hands in Turkey during the month. Of those sales, 1,612 were sold to foreigners, with approximately 30 percent (or 511 units) of them in Istanbul, the country’s largest city by population.