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FinancialNews


  • 14-07-20

    Turkish economy witnesses total turnover up 12.5 percent

    (MENAFN) The nation's statistical institute reported on Monday, the Turkish economy's total revenue witnessed a monthly upsurge of 12.5 percent in May.

    Total turnover index comprised industry, construction, trade, and services sectors.
    The Turkish Statistical Institute (TurkStat) said, "At the detail of the total turnover index; industry increased by 15.7 percent, construction increased by 8.3 percent, trade increased by 14.3 percent, and services increased by 2.2 percent on monthly basis in May".

    In the meantime, the official report also showed that Turkey's total turnover index shows annual change reduced by 12.1 percent in May.

    It noted, "At the detail of the total turnover index; industry decreased by 14.8 percent, construction decreased by 11.0 percent, trade decreased by 6.2 percent and services decreased by 24.8 percent annually".

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