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Turkey's total turnover index rises 60.4% y/y in Nov

Turkey's total turnover index rises 60.4% y/y in Nov Budget, finance

ANKARA (Turkey), January 13 (SeeNews) - Turkey's total turnover index encompassing industry, construction, trade, and services, rose by 60.4% year-on-year in November, the country's statistical office said on Thursday.

In November, the turnover index value increased by an annual 67.9% in industry, 53.8% in trade, 71.7% in services, and 52.9% in construction, TurkStat said in a statement.

On a monthly comparison basis, the total turnover of Turkey's economy went up 11.8% in November.

Compared with October, turnover in industry rose the most, by 12.4%. Turnover increased by 6.7% in construction, 12.6% in trade and 9.5% in services.

Turnover comprises the totals invoiced by the observation unit, corresponding to market sales of goods or services supplied to third parties.

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