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FinancialNews


  • 11-06-20

    Turkey-April industrial production expected to decrease

    (MENAFN)

    Turkey's unadjusted industrial production index is estimated to have decreased 25.4 percent in April, economists said on Wednesday, June 10th.

    A total of nine specialists surveyed by Anadolu Agency predicted a fall in comparison with April 2019, which did not face the economic consequence of the COVID-19 outbreak.

    Experts anticipations for the fall in the unadjusted industrial production index vary from 23.3 percent to 28 percent.

    The adjusted industrial production for April is also projected to drop 19.7 percent year-on-year.

    In March 2020, the unadjusted and adjusted industrial production indices were put down 1.3 percent and 2 percent annually, respectively.

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