Business

Turkey’s industrial output rises 8.5% in October

All sub-indices post annual increases, says TurkStat

Turkey’s calendar-adjusted industrial production soared 8.5% in October on a yearly basis, the country’s statistical authority announced Monday.

All sub-indices backed the index this month,especially mining and quarrying, and manufacturing, the Turkish Statistical Institute (TurkStat) data indicated.

Both the mining and quarrying, and the manufacturing indices rose by 9.2% year-on-year in October.

The electricity, gas, steam, and air conditioning supply index was also up 3.5% in the month.

TurkStat data showed that the country’s industrial production also increased by 0.8% on a monthly basis.

Source
AA

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