Turkey's economy shrank by 0.2% in Q3, confirming a recession after a similar decline in Q2. Year-on-year growth was 2.1%. Household consumption fell by 0.3% quarter-on-quarter, while government consumption dropped by 0.4%. Inflation remains high at 48.6%. The central bank may consider interest rate cuts soon, despite current high rates. Teljes cikk (Euronews.com)