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Turkiye's total turnover index up 63.5% YoY, 5.1% MoM in Jan 2024

12 Mar '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Turkiye's total turnover index rose by 63.5 per cent YoY and by 5.1 per cent month on month (MoM) in January, official data show.
  • While the index for the industry rose by 58.3 per cent YoY and 4.6 per cent MoM, that for trade rose by 60.7 per cent YoY and 4.7 per cent MoM in the month.
  • The manufacturing index rose by 57.9 per cent YoY and 4.7 per cent MoM.
Turkiye’s total turnover index increased by 63.5 per cent year on year (YoY) and by 5.1 per cent month on month (MoM) in January this year, according to data from the Turkish Statistical Institute (Turkstat).

The total figure includes the industry, construction, trade and services sectors.

While the index for the industry increased by 58.3 per cent YoY and 4.6 per cent MoM, that for trade rose by 60.7 per cent YoY and 4.7 per cent MoM in the month, Turkstat said in a release.

The index for manufacturing increased by 57.9 per cent YoY and 4.7 per cent MoM, while that for transportation and storage rose by 72.3 per cent YoY and 2.7 per cent MoM in the month.

ALCHEMPro News Desk (DS)

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