Turkey July Industrial Turnover, New Orders Fall

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Turkey's industrial turnover decreased 12.7% year-on-year in July, the statistical agency Turkstat said Tuesday.

Turnover declined 7.4% in the mining sector and 12.8% in manufacturing.

On a monthly basis, industrial turnover was down 3.1% in July.

Further, the statistical agency said industrial new orders slid 16.8% annually in July, and decreased 5.8% from the previous month.

(Market News Provided by RTTNews)