Trade Resources Industry Views Turkey's Industrial Production Index Decreased by 3.1 Percent

Turkey's Industrial Production Index Decreased by 3.1 Percent

Tags: steel, metallurgy

According to the data released by the Turkish Statistical Institute (TUIK), in October this year Turkey's season and calendar adjusted monthly industrial production index decreased by 3.1 percent compared to the previous month, while the calendar adjusted index was up 0.7 percent year on year.

In October, the calendar adjusted production index for the manufacture of basic metals in Turkey rose 2.7 percent year on year, recording the highest increase rate among all domestic industrial sectors, while the season and calendar adjusted index for the manufacture of basic metals was up 7.2 percent from the previous month.

Meanwhile, the output index for the manufacture of fabricated metal products in October rose by 0.7 percent year on year and was down by 0.2 percent compared to the previous month.

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-industrial-production-down-31-in-oct-from-sept-800010.htm
Contribute Copyright Policy
Turkey's Industrial Production Down 3.1% in Oct From Sept
Topics: Metallurgy