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TurkStat announces August industrial output index

TurkStat announces August industrial output index
Industrial output drops both on annual, monthly basis, official figures show

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's industrial production dropped 3.6% year-on-year in August, the country's statistical authority said on Monday.

The mining and quarrying index posted the highest annual fall among industrial sub-sectors, with 6%, TurkStat said.

The manufacturing index and the electricity, gas, steam, and air conditioning supply index fell 3.3% and 0.4%, respectively, in the same period.

On a monthly basis, the country's industrial output also dropped 2.8% in August.

"While mining and quarrying index fell 9.2% and manufacturing index dropped 2.7%, electricity, gas, steam and air conditioning supply index rose 0.9% in August 2019, compared to previous month," TurkStat noted.

source: News Feed
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