8/12/2021

Industrial Production in Turkey at Highest Level of the Last 10 Months

The Turkish economy continues to experience a robust recovery in the aftermath of the novel coronavirus pandemic. 

The Turkish Statistical Institute (TurkStat) unveiled the latest industrial production data in Turkey. Accordingly, the data recorded the fastest increase of the last 10 months with climbing up by 2.3 percent monthly and 23.9 percent annually in June 2021, where market expectations were 2.1 percent and 21.7 percent respectively.

Meanwhile, calendar adjusted industrial production rose by 41.1 percent in the second quarter of 2021 over the same period of the last year.
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Industrial Production; Turkey; Turkish Economy