Trade sector posts largest monthly gain of 4.7%, official data shows
The Turkish economy’s total turnover gained 4.1% month-on-month in October, according to official figures released on Wednesday.
The figure jumped from a 1.5% monthly rise in September,Turkish Statistical Institute (TurkStat) data showed.
The trade sector posted the largest monthly increase of 4.7% in October, followed by construction at 4.6% and services at 4.3%.
Turnover in the industry sector edged up 2.9% in October from the prior month.
On an annual basis, the total turnover index soared 65.3% in October.
For the total turnover index by sector, “industry increased 54.6%, construction increased 98.6%, trade increased 69.4% and services increased 63.5% on an annual basis in October,” said the statement.
Source: aa