off-the-wire

Turkish industrial output drops 6% m/m in February when earthquake struck

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, April 11 (Reuters) - Turkey's industrial production tumbled 6.0% month-on-month on a seasonal and calendar-adjusted basis in February, when a devastating earthquake hit the country's south, official data showed on Tuesday.


Output dropped 8.2% year-on-year, according to the Turkish Statistical Institute. It said the survey response rate was 67% in the quake-hit regions, where VAT declarations were postponed, meaning alternative data sources were used.



(Reporting by Canan Sevgili and Azra Ceylan; Editing by Jonathan Spicer
Writing by Daren Butler; Editing by)

daren.butler.thomsonreuters.com@reuters.net))
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