Plus   Neg

Turkey Industrial Production Falls In August

Turkey industrial production declined in August, data from the Turkish Statistical Institute showed on Monday.

Industrial production decreased 3.6 percent year-on-year in August, after a 1.1 percent drop in July. In June, production had showed a similar decline of 3.6 percent.

Manufacturing output fell 3.3 percent annually in August.

Among other main sectors, mining and quarrying declined 6.0 percent and electricity, gas, steam fell by 0.4 percent.

Production of intermediate goods, durable goods and capital goods declined in August, while those of non-durable goods and energy increased, data showed.

On a monthly basis, industrial production dropped 2.8 percent in August, reversing a 4.3 percent rise in the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT