Industrial production soars by 14.5% in July
Turkey’s ndustr al product on rebounded n July after fall ng for two stra ght months, the Turk sh Stat st cal Inst tute (Turk Stat) reported on Sept. 8. Industr al product on logged a double-d g t annual growth of 14.5%. The growth was largely dr ven by a 16% r se n manufactur ng output. M n ng and quarry ng output ga ned 0.8% and electr c ty, gas, steam and a r cond t on ng supply advanced 11.7%. Month-on-month, ndustr al output advanced 2.3% n July, revers ng the 0.3% fall n June and the 1.4% decrease n May.