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Turkey Industrial production October 2020

Turkey: Industrial output growth speeds up in October

Industrial output increased 10.2% in October (September: +8.3% yoy). Looking at the details of the release, mining and quarrying production slowed in October, while manufacturing output gained steam. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 1.0% in October, up from September’s 0.5%.

Lastly, industrial production rose 1.1% month-on-month in November, down from September’s 1.7%

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