Turkish Industrial Production MoM (Feb) M/M 2.6% (Prev. -2.8%)
The Turkish industrial production for February showed a significant month-on-month increase of 2.6%, reversing the previous decline of -2.8%.
European Movers: Alstom (ALO FP) +2.3%, Holcim (HOLN SW) +2.0%, Unite (UTG LN) +1.9%, STMicroelectronics (STMPA FP) +1.8%, ASML (ASML NA) +0.6%, Sodexo (SW FP) -17.1%
Porsche (P911 GY) Q1 deliveries 61k, (-15% Y/Y); -21% in China, -11% in North America
Turkish Industrial Production MoM (Feb) M/M 2.6% (Prev. -2.8%)
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This bounce-back suggests improving industrial activity, which could signal a potential stabilizing economic environment in Turkey, warranting attention for any implications on monetary policy and growth expectations going forward.
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