The Turkish Central Bank’s data released on Tuesday indicated a decline in the country’s rate of energy production in October, despite a minor increase in sector confidence.
On a seasonal basis, the rate of manufacturing energy usage declined to 76. 6% in October from 77. 3% the month before. The rate of manufacturing energy has decreased to 76. 9% in October from 77. 4% in September.
The indefinite manufacturing confidence index increased to 100.3 in October from 99.9 in September, according to separate statistics from the central bank.
In October, the average manufacturing confidence index increased to 102 from the previous month’s reading of 100 2.
Turkey: Energy consumption in industry fell in October.
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