Breaking news Türkiye's Industrial Output Growth Slows In March Lastminute news

Industrial production rises 4.3% year on year in March, following February's 11.2% annual hike.

Türkiye's industrial output grew annually at a slower pace in March, the country's statistical authority announced on Friday.

Industrial production rose 4.3% from a year earlier in March, following February's 11.2% hike, the Turkish Statistical Institute (TurkStat) data showed.

Output increased for mining and quarrying by 7.5% year-on-year, for manufacturing by 4%, and for electricity, gas, steam, and air conditioning supply by 5.1%.

On a monthly basis, the output dropped 0.3% in March, shifting from a 2.8% increase in February.

The mining and quarrying index rose 0.2% month-on-month in September, while manufacturing sector and electricity, gas, steam, and air conditioning supply indexes fell 0.3% and 1.5%, respectively. -
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