4/9/2008

Turkish industrial production increased 7.5% in Feb

Bloomberg - Turkish industrial production rose 7.5 percent in February, as exports approached record levels. Exports in February surged 44 percent to $11 billion, the second-highest month on record after November... “Exports are posting impressive growth and we're seeing the results of that,'' said Ozan Gaziturk, economist for Sekerbank TAS in Istanbul. Gross domestic product grew 3.4 percent in the fourth quarter of last year, unchanged from the previous three months.