Industrial production that increased by 9.8 percent in March rose by another 10.8 percent on an annual basis in April, while retail sales grew nearly 15 percent, the Turkish Statistical Institute (TÜİK) said yesterday.
The country's industrial output grew 7.6 percent and 13.3 percent in January and February, respectively.
Russian oil output started to decline in March and had fallen by around 7.5% by mid-April
Turkey's industrial production rose by 13.3 percent on an annual basis in February, gathering pace from the 7.6 percent year-on-year increase recorded in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.
The February reading was also above the 8.9 percent rise in the country's industrial output in February 2021.