Turkey's industrial output rises 8.5% in October

ISTANBUL

Turkey's calendar-adjusted industrial production soared 8.5% in October on a yearly basis, the country’s statistical authority announced Monday.

All sub-indices backed the index this month, especially mining and quarrying, and manufacturing, the Turkish Statistical Institute (TurkStat) data indicated.

Both the mining and quarrying, and the manufacturing indices rose by 9.2% year-on-year in October.

The electricity, gas, steam, and air conditioning supply index was also up 3.5% in the month.

TurkStat data showed that the country's industrial production also increased by 0.8% on a monthly basis.