Turkey's industrial output soars 23.9% in June

ANKARA

Turkey's calendar-adjusted industrial production jumped 23.9% in June compared to the same month last year, the country’s statistical authority announced Thursday.

The improvement in the base effect was especially backed by the sub-index of the manufacturing sector, data from the Turkish Statistical Institute (TurkStat) showed.

The manufacturing index soared 24.8% year-on-year in June, while the mining and quarrying index shot up 24.3%.

The electricity, gas, steam, and air conditioning supply index also climbed 13.9% during the same period.

Meanwhile, industrial production rose 2.3% on a monthly basis.