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Turkish factory output rises 9.1% yr-on-yr in May

ISTANBUL, July 14 (Reuters) – Turkish industrial production grew 9.1% year-on-year in May, data showed on Thursday, rising for a 23rd consecutive month and holding firm against a background of lira weakness and rampant inflation.

Month-on-month, industrial output expanded 0.5% on a calendar and seasonally adjusted basis, the Turkish Statistical Institute said.

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Reporting by Gdansk newsroom;
Writing by Ali Kucukgocmen; editing by John Stonestreet

Our Standards: The Thomson Reuters Trust Principles.

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