The total turnover of the sectors increased by 52.7 percent in May
The Turkish Statistical Institute (TUIK) announced the turnover rates for May 2023.
According to this; The billing index in the industry, construction, commerce and services sectors increased by 52.7 percent annually in May 2023.
Looking at the sub-details of the total billing; In May, the annual turnover index of the industrial sector increased 34.9 percent, the construction turnover index increased 102.8 percent, the trade turnover index increased 58.8 percent, and the service billing increased 62.3 percent.
TOTAL TURNOVER INCREASED 2.9 PERCENT MONTHLY IN MAY
The billing index in the industry, construction, commerce and services sectors increased by 2.9 percent per month in May 2023.
Looking at the sub-details of the total billing; In May 2023, the monthly turnover rate for the industrial sector increased by 1.6%, the billing rate for construction increased by 3.5%, the commercial billing rate increased by 3.2%, and the billing rate for of services increased by 4.7%.
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.