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FinancialNews


  • 17-05-20

    Total turnover of Turkish economy increases 5.2 percent in March

    (MENAFN)


    The statistical authority of Turkey said on Thursday that the economy of the country has posted a yearly increase in the total turnover in March.

    The Turkish Statistical Institute (TurkStat) said that the "total turnover index including industry, construction, trade, and services sectors increased by 5.2% on annual basis in March 2020".

    The index has posted the largest change in the trade sector, with an icnrease of 11.5 percent compared to a year earlier, according to official data.

    The industry has also posted a yearly expansion of 5.2 percent as the construction and services saw a drop of 21.4 percent and 2.2 percent respectively.

    The seasonally and calendar-adjusted total turnover index declined 9 percent in March compared to a month earlier.

    MENAFN1705202000450000ID1100175109

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