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Turkish Industrial Production MoM (Jan) M/M -2.8% (Prev. 1.2%)

Newsquawk Staff ·

Turkish Industrial Production MoM (Jan) M/M -2.8% (Prev. 1.2%)

What it means

The significant drop in Turkish industrial production for January, from a previous increase to a decline of -2.8%, suggests potential weakness in the manufacturing sector. This sharp reversal could raise concerns about economic momentum and may influence expectations regarding monetary policy, particularly amidst ongoing inflationary pressures.

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