FOREX TradingCharts.com

Financial News: Turkey Industrial Output Falls For First Time In

Turkey Industrial Output Falls For First Time In A Year

06/10/2024 - 08:37:00 (RTTNews)

(RTTNews) - Turkey's industrial production declined for the first time in a year in April, the Turkish Statistical Institute reported Monday.

Another official data showed a marginal fall in both overall and youth unemployment rates in April.

Industrial production posted an annual decline of 0.7 percent in April, reversing an increase of 4.6 percent in March.

This was the first decline since April 2023, when production was down 1.3 percent.

The annual fall was driven by the 1.5 percent decrease in manufacturing output. Meanwhile, mining and quarrying output posted a double-digit growth of 12.2 percent and electricity, gas, steam and air conditioning supply registered a 1.6 percent gain in April.

Month-on-month, industrial production shrank 4.9 percent after a marginal 0.1 percent drop in March.

Another data from the statistical office showed that the unemployment rate dropped marginally to 8.5 percent in April from 8.6 percent in March.

The number of unemployed decreased by 18,000 from the previous month to 3.042 million in April.

The youth unemployment rate in the age group between 15 and 24 came in at 14.5 percent in April compared to 14.6 percent a month ago.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million Barrels (47 min(s), 43 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. unexpectedly saw a significant increase in the week ...Full Story»

U.S. Consumer Prices Unexpectedly Flat In May, Annual Growth Slows To 3.3% (02 hr(s), 02 min(s), 43 sec(s) ago)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story»

Thailand Leaves Policy Rate Steady At 2.50% (02 hr(s), 07 min(s), 43 sec(s) ago)
(RTTNews) - Thailand's central bank decided to keep the interest rate unchanged for the fourth ...Full Story»

India Industrial Output Growth At 3-Month Low (02 hr(s), 08 min(s), 43 sec(s) ago)
(RTTNews) - India's industrial production growth moderated to a three-month low in April but t ...Full Story»

U.S. Mortgage Applications Show Substantial Rebound (02 hr(s), 20 min(s), 43 sec(s) ago)
(RTTNews) - After reporting two consecutive weekly decreases in U.S. mortgage applications, the Mo ...Full Story»

India Inflation Eases Further To 4.75%, Lowest In 1 Year (02 hr(s), 45 min(s), 43 sec(s) ago)
(RTTNews) - India's consumer price inflation eased for the fifth straight month in May to the ...Full Story»

U.S. Consumer Prices Unexpectedly Unchanged In May (02 hr(s), 54 min(s), 43 sec(s) ago)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story»

UK Economy Flatlines As Election Looms (03 hr(s), 23 min(s), 43 sec(s) ago)
(RTTNews) - The UK economy stagnated in April as services growth was offset by falls in production ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million Barrels

06/12/2024 - 10:45 AM (RTTNews)
(RTTNews) - Crude oil inventories in the U.S. unexpectedly saw a significant increase in the week ...Full Story>>

U.S. Consumer Prices Unexpectedly Flat In May, Annual Growth Slows To 3.3%

06/12/2024 - 09:30 AM (RTTNews)
(RTTNews) - With a steep drop in gasoline prices partly offsetting a continued increase in shelter ...Full Story>>

Thailand Leaves Policy Rate Steady At 2.50%

06/12/2024 - 09:25 AM (RTTNews)
(RTTNews) - Thailand's central bank decided to keep the interest rate unchanged for the fourth ...Full Story>>

India Industrial Output Growth At 3-Month Low

06/12/2024 - 09:24 AM (RTTNews)
(RTTNews) - India's industrial production growth moderated to a three-month low in April but t ...Full Story>>

U.S. Mortgage Applications Show Substantial Rebound

06/12/2024 - 09:12 AM (RTTNews)
(RTTNews) - After reporting two consecutive weekly decreases in U.S. mortgage applications, the Mo ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.