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INDUSTRIAL PRODUCTION CAPITAL grew 6.4%, excluding calendar effects, compared to May of last year and exceeded expectations of 5.5 %. Industrial production in the first two months of the second quarter rose 6.2% in April and 6.4% in May. Although difficult to achieve, although the growth of industrial production of 9.9 percent in the first quarter will still give strong support to the growth of the economy of Turkey has been revealed. Thus, despite a loss of speed, the increase in industrial production has continued. In addition to exporting sectors, the contribution to the domestic market of food production was also important. showed that analysts would not be a sharp decline in economic growth in the industry expects second-quarter growth at the 5-6 percent level.
unsustainable
According to data released yesterday Institute of Statistics Turkey compared to the April industry as seasonally adjusted and calendar effects in May at 1.6 percent Shrank. The annual increase in continuous production. The largest increase in the main product groups was the production of non-durable consumer goods with 8.6%. This group includes goods such as food, food, drinks, clothing and the contribution of this group to the growth of industrial production was 2.4 points. Second, the investor is in the production of equipment goods. The industrial contribution of the production of capital goods, which is 6.1%, is 1.1 points. There is a slowdown in the production of consumer durables. The contribution of the 5.8% increase in production is 0.3 pounds. Durable consumer goods include the automobile and white goods. These products also react directly to exchange rate fluctuations
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