Turkey's industrial production grew at the slowest pace in three months in June, data released by the Turkish Statistical Institute revealed Wednesday.
The industrial production index rose a calendar-adjusted 2.7 percent year-on-year, following a 5.9 percent increase in May. Economists had forecast a gain of 2.8 percent.
Manufacturing output grew just 1.8 percent annually in June, after rising 5.8 percent in the previous month. Mining and quarrying output, meanwhile, sustained its pace of growth with a 4.6 percent gain, following May's 4.2 percent increase.
Month-on-month, industrial production declined a seasonal-and-calendar adjusted 2 percent in June, following a 0.9 percent increase in May. It was the first decline in five months.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.