Turkey's industrial output rises in October

Turkey's industrial output rises in October

Manufacturing index posts highest annual increase among industrial sub-sectors, according to official data

By Tuba Sahin

ANKARA (AA) - Turkey's calendar-adjusted industrial production rose 10.2% in October on a yearly basis, the country’s statistical authority said on Monday.

The manufacturing index saw the highest year-on-year rise among industrial sub-sectors, with 11%, the Turkish Statistical Institute (TurkStat) said in a statement.

The electricity, gas, steam, and air conditioning supply index went up 5.5%, while the mining and quarrying index rose 0.4% during the same period.

The term "calendar-adjusted" is used to refer to data without calendar and holiday-originated effects.

On a monthly basis the country's industrial output also improved in October, indicating a rise of 1.1%.

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