Turkish industrial production logged its fastest growth in nearly one-and-a-half years in June on the back of strong manufatcuring growth, the Turkish Statistical Institute reported Monday.
Industrial output expanded 8.3 percent on a yearly basis in June, following a 5.0 percent rise in May. Moreover, this was the fastest growth since February 2024, when output surged 11.2 percent.
Among sectors, manufacturing advanced 9.5 percent annually in June, and output produced in the mining and quarrying segment grew 2.3 percent. Meanwhile, utility sector production showed a renewed contraction of 1.1 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.