Turkey's industrial production contracted in April after recovering in the previous month, the Turkish Statistical Institute reported Friday.
Industrial output dropped 1.1 percent on a yearly basis in March, reversing a 2.2 percent rise in February.
Among sectors, mining and quarrying output contracted the most by 5.6 percent, and manufacturing production dropped 1.3 percent. On the other hand, utility sector output logged a strong growth of 5.8 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.