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© Reuters. Investing.com: Exceeded expectations with a 10.4% annual increase in August, as announced today by TURKSTAT. Industrial production, which contracted 31.3% annually during the pandemic process, increased 4.4% in July and beat expectations in August.
When the industry subsectors are examined (with 2015 = 100 benchmark years), the mining and quarrying sector index in August 2020 is 5.2% compared to the same month last year, the index of the manufacturing industry sector is 11.4% and the production of electricity, gas, steam and air conditioning and The distribution sector index increased 2.3%.
When industry subsectors are analyzed, in August 2020, the mining and quarrying sector index increased by 2.5%, the manufacturing sector index by 3.6% and the production sector index and distribution of electricity, gas, steam and air conditioning increased 1.3% compared to the previous month.
Author: Necdet Erginsoy
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