Türkiye's industrial production projected to rise in August

Economists surveyed by Anadolu Agency forecast 4% increase

By Belgin Yakisan Mutlu

ISTANBUL (AA) - Türkiye's calendar-adjusted industrial production index for August is expected to post a 4% rise, an Anadolu Agency survey found on Friday.

Estimates from a group of eight economists ranged between 1.5% and 8.4%.

The economists also projected that unadjusted industrial production index would increase 6.6% on an annual basis in August.

Both the adjusted and unadjusted industrial production index increased 3.1% on an annual basis in July.

The term "calendar-adjusted" is used to refer to data where calendar and holiday-originated effects are removed.

The Turkish Statistical Institute is due to release official figures on Oct. 12.


*Writing by Gokhan Ergocun

Be the first to comment
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.

Money News