Total turnover index increased by 31.8 percent on an annual basis in August

Turkish Statistical Institute announced the turnover indices for August.

Accordingly, the total turnover index adjusted for seasonal and calendar effects increased by 3 percent on a monthly basis in August.

Calendar-adjusted industry, construction, trade and service sectors total turnover index increased by 31.8 percent on an annual basis in the same month.

Industry and construction indices

The calendar-adjusted turnover index in the industry increased by 32.6 percent on an annual basis in August. Seasonally and calendar adjusted industrial turnover index also increased by 2.2 percent compared to the previous month.

While the calendar-adjusted turnover index in the construction sector increased by 19.2 percent on an annual basis in August, the seasonally and calendar-adjusted construction turnover index decreased by 3.7 percent compared to July.

Trade and services indices

The trade turnover index adjusted for calendar effects increased by 32.5 percent in August compared to the same month last year, and the trade turnover index adjusted for seasonal and calendar effects increased by 4.3 percent compared to the previous month.

In the service sector, the calendar-adjusted turnover index increased by 33.6 percent in August compared to the same month last year, and the seasonal and calendar-adjusted service turnover index increased by 2.6 percent compared to the previous month.