Not the case. My pop is on max for a few days now. Here are some more examples.
You used up 1 turn(s) Credit +103,823 Food -34,288 Goods +1,131
You used up 2 turn(s) Credit +219,714 Food -68,576 Goods +2,263
You used up 3 turn(s) Credit +330,726 Food -102,867 Goods +3,392
You used up 4 turn(s) Credit +440,983 Food -137,156 Goods +4,523
You used up 5 turn(s) Credit +417,649 Food -171,445 Goods -39,463
You used up 6 turn(s) Credit +215,607 Food -205,740 Goods -89,190
You used up 9 turn(s) Credit +248,485 Food -308,610 Goods -148,770
You used up 6 turn(s) Credit +623,037 Food -205,740 Goods +6,778
All used one after the other.