Posts Tagged Energy
Turkey Industrial Production: Particularly Strong

Turkey Industrial Production: Particularly Strong

The industrial production data released by Turkish Stats Office yesterday highlighted that the economic activity in March was particularly strong in March. The IP index was up by 2.6% y/y despite the reading was 40 bps lower compared to the linked month. The sub-index of machinery setup was 13.8% higher which led us giving the private investment a pat on the back. We might be able to see private investment supporting the economy in 1Q 2016 at last.

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