Turkey Industrial Output Falls 1.1% In March

(RTTNews) - Turkey's industrial production contracted in April after recovering in the previous month, the Turkish Statistical Institute reported Friday.

Industrial output dropped 1.1 percent on a yearly basis in March, reversing a 2.2 percent rise in February.

Among sectors, mining and quarrying output contracted the most by 5.6 percent, and manufacturing production dropped 1.3 percent. On the other hand, utility sector output logged a strong growth of 5.8 percent.

On a monthly basis, industrial production fell 0.8 percent, in contrast to a 2.7 percent rebound in the prior month.