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Turkish Minister of Industry: We expect a strong recovery in the last two quarters

02-06-2020 | admin

Turkish Minister of Industry and Technology Mustafa Warank said he expects a strong recovery in the industrial field in the last two quarters, as the Corona epidemic recedes and measures to curb its spread are reduced.

The minister tweeted on Monday that turkey's Industrial PMI in the Istanbul Chamber of Industry rose 7.5 points from the previous month to 40.9.

"The decline in the decline, the recovery of the industry and the improvement of expectations," Warank said, noting that the index was at its lowest level in May.

"With the epidemic receding and the measures taken to reduce the spread of the CORONA virus, we expect a strong recovery in the last two quarters."

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Source/Anatolia News Agency