Turkey's industrial production growth eased in July from a 5-month high in the previous month, the Turkish Statistical Institute reported Wednesday.
Industrial output expanded 5.0 percent on a yearly basis in July, slower than the 8.5 percent surge in June. Production has been rising since March.
Among sectors, mining and quarrying output logged a renewed contraction of 0.5 percent, and the annual growth in manufacturing output eased to 5.5 percent from 9.6 percent. Meanwhile, utility sector production rebounded sharply by 5.8 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.