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TURKEY: Industrial Production Rises 1.6% M/M, Unemployment Rate Unchanged

TURKEY
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  • Turkey's seasonally and calendar adjusted industrial production rose 1.6% m/m in September versus -1.6% in August, according to the Turkish Statistical Institute. On a year-on-year basis, industrial production fell 2.4% versus a revised -5.2% prior.
  • Meanwhile, the nation’s adjusted unemployment rate was unchanged at 8.6% in September compared to August’s revised print. The number of jobless rose 35k m/m while the participation rate rose to 54.4% from a revised 54.2%.
  • There are no other major data releases scheduled for today, with current account data for September (Est: +$2.80bn; Prior: +$4.32bn) on the docket tomorrow.
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  • Turkey's seasonally and calendar adjusted industrial production rose 1.6% m/m in September versus -1.6% in August, according to the Turkish Statistical Institute. On a year-on-year basis, industrial production fell 2.4% versus a revised -5.2% prior.
  • Meanwhile, the nation’s adjusted unemployment rate was unchanged at 8.6% in September compared to August’s revised print. The number of jobless rose 35k m/m while the participation rate rose to 54.4% from a revised 54.2%.
  • There are no other major data releases scheduled for today, with current account data for September (Est: +$2.80bn; Prior: +$4.32bn) on the docket tomorrow.