Technology Turkish industrial output up in March: TurkStat

Turkish industrial output up in March: TurkStat

Turkish Statistical Institute
Turkish Statistical Institute

 (AA) – Industrial production increased 4.7 percent in March, compared with the same month last year, the Turkish Statistical Institute said in a statement Friday.

Total output increased 2.2 percent from the previous month, the statement said.

The change surprised analysts who had forecast a rise of 1.7 percent on average.

Production had risen 1 percent in February year-on-year, reversing a 2.2 percent  drop in January.

The Mining and Quarrying Index increased 3.8 percent and the Manufacturing Index increased 5 percent.

The Electricity, Gas, Steam and Air Conditioning Supply Index also increased 3 percent in March 2015, compared with the same month last year.

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