Turkey's industrial output up in August
Index rises 1.7 pct on a yearly basis, according to official data
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Turkey's industrial production in August rose 1.7 percent from the same month last year, the country's statistical authority said on Tuesday.
Among the three main sub-indices, the mining and quarrying index posted the highest annual rise in the month, with 6.1 percent, TurkStat said in a statement.
The manufacturing index went up 1.2 percent, while the electricity, gas, steam, and air conditioning supply index rose 2.9 percent during the same period.
Industrial production is considered a vital indicator for the economy, as it is seen as a preliminary gauge for GDP growth
However, on a monthly basis the figure also dropped 1.1 percent in August.
