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Dünya – Turkey’s industrial output surged ahead 6.2 percent in September year-on-year, according to recent data released by the Turkish Statistical Institute (TurkStat). Beating expectations by 4 points, the industrial production index performed a hard rebound from August’s slight decline of 1.5 percent, also year-on-year.
The highest production increase in September was observed in the mining and quarrying sector with 10.8 percent, followed by a rise of 6.2 percent in manufacturing and 4.1 percent in electricity, gas, steam and air conditioning supply and distribution sectors.
Seasonally adjusted, September’s industrial production grew 3.9 percent over the previous month. Turkey’s exports in September registered a 21 percent increase, also driving the upward movement in industrial production. Source: IIT
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