Turkish Industrial Production YoY (Mar) Y/Y -1.1% (Prev. 2.2%)

The decline in Turkish industrial production year-on-year to -1.1% from the previous 2.2% indicates a notable weakening in economic activity. This negative print may raise concerns about Turkey's growth outlook and could influence monetary policy considerations, particularly amid ongoing inflationary pressures. Market participants should monitor how this development impacts investor sentiment towards the Turkish lira and local equities.