Turkish industrial production growth eased, while retail sales growth rose in September, data from Turkstat showed on Friday.

Industrial production rose 8.1 percent year-on-year in September, after a 10.6 percent rise in August.

Manufacturing output grew 8.5 percent annually in September.

Production in mining and quarrying rose 0.4 percent and output in the electricity, gas & steam gained 8.6 percent.

On a monthly basis, industrial production rose 1.7 percent in September, after a 3.4 percent growth in the previous month.

Separate data from the statistical office showed that retail sales rose 7.8 percent yearly in September, following a 6.0 percent gain in August.

Sales of food, drinks and tobacco increased 9.2 percent and non-food sales grew 9.0 percent. Automotive fuel sales rose 3.2 percent.

On a monthly basis, retail sales rose 2.8 percent in September, following a 0.9 percent increase in the previous month.

The material has been provided by InstaForex Company – www.instaforex.com

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.