Home breadcru News breadcru Industrial breadcru Total turnover of Turkish economy rises by 3.6% MoM, 56.2% YoY in Apr

Total turnover of Turkish economy rises by 3.6% MoM, 56.2% YoY in Apr

15 Jun '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • The total turnover of Turkiye's economy rose by 3.6 per cent month-over-month (MoM) in April this year, according to figures from the Turkish Statistical Institute.
  • On a year-on-year basis, it increased by 56.2 per cent during the month.
  • The manufacturing sector turnover rose by 3.7 per cent on a monthly basis and 41.9 per cent on an annual basis in April.
The Turkish economy's total turnover increased by 3.6 per cent month-over-month (MoM) in April this year, according to recent official figures. On a year-over-year basis, it increased by 56.2 per cent during the month.

Turnover in the trade and industry sectors increased by 3 per cent and 3.9 per cent on a monthly basis respectively, Turkish Statistical Institute (TurkStat) data showed.

On an annual basis, industry increased by 41.8 per cent and trade by 60.3 per cent during the month.

Turnover in the manufacturing sector increased by 3.7 per cent on a monthly basis and 41.9 per cent on an annual basis in April.

ALCHEMPro News Desk (DS)

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