August industrial output index drops: TurkStat

August industrial output index drops: TurkStat

Industrial output drops both on annual, monthly basis, TurkStat figures show.

Turkey's industrial production dropped 3.6% year-on-year in August, the country's statistical authority announced on Monday.

The mining and quarrying index posted the highest annual fall among industrial sub-sectors, with 6%, TurkStat noted.

The manufacturing index and the electricity, gas, steam, and air conditioning supply index fell 3.3% and 0.4%, respectively, in the same period.

On a monthly basis, the country's industrial output also dropped 2.8% in August.

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