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Turkey Oct. Industrial Output Drops

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Turkey's industrial production dropped a calender adjusted 1.4%year-on-year in October, the Turkish Statistical Institute said on Thursday.

On a monthly basis, industrial output increased a seasonally and calendar adjusted 3.2% in October.

Further, the statistical office said the gross domestic product or GDP decreased a calender adjusted 3.6% on an annual basis in the third quarter, revised from 3.3% decline reported initially. Sequentially, the GDP increased a seasonally and calender adjusted 2.3% in the third quarter.

Turkey's industrial production dropped a calender adjusted 1.4%year-on-year in October, the Turkish Statistical Institute said on Thursday. (Market News Provided by RTTNews)

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