Turkish Industrial Production MoM (Dec) M/M 1.2% (Prev. 2.5%)
Newsquawk Staff ·
Turkish Industrial Production MoM (Dec) M/M 1.2% (Prev. 2.5%)
What it means
The Turkish industrial production for December dropped to 1.2% MoM, down from a prior 2.5%, indicating potential slowing in industrial activity. This decline could have implications for economic growth forecasts in Turkey and may affect monetary policy considerations as the central bank assesses the growth-inflation balance. Watch for market reactions as this data could influence investor sentiment and the Turkish lira's performance.
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