Turkey's industrial production projected to rise in March
- Economy
- Anadolu Agency
- Published Date: 05:03 | 11 May 2022
- Modified Date: 05:07 | 11 May 2022
Turkey's calendar-adjusted industrial production index for March is expected to post a 9.4% rise, an Anadolu Agency survey found on Wednesday.
A group of seven economists' estimates for the month ranged between 6.5% and 12.5%.
Meanwhile, the experts projected that unadjusted industrial production index in March would increase 8.1% on an annual basis.
Both the adjusted and unadjusted industrial production index increased 13.3% on an annual basis in February.
The term "calendar-adjusted" is used to refer to data where calendar and holiday-originated effects are removed.
The Turkish Statistical Institute is due to release official figures on Friday.
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