Türkiye's industrial output rebounds in August

Sub-indexes for manufacturing, electricity, gas, steam, and air conditioning supply rise 2.7% and 2.8%, respectively from month ago

By Tuba Sahin

ANKARA (AA) - Türkiye's industrial output rebounded on a monthly basis in August, the country’s statistical authority reported on Wednesday.

Industrial production grew 2.4% month-on-month in August, following a 6.1% decline in July, Turkish Statistical Institute (TurkStat) data showed.

The electricity, gas, steam, and air conditioning supply index rose 2.8% from a month ago in August.

The manufacturing index climbed 2.7% during the same period, while the mining and quarrying index fell 3.9%.

On an annual basis, industrial production growth slowed to a two-year low in August, up 1% year-on-year.

The figure came below a market forecast of 2.7% growth.

Kaynak:

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