TÜİK announced: The rise in total turnover continues

Turkey’s total turnover across industry, construction, trade and services rose in September on both an annual and monthly basis, according to Turkish Statistical Institute (TÜİK) turnover indices. The September release showed the composite turnover index extending its upward trend, with gains in all four covered sectors. The data matter because turnover is a timely gauge of nominal demand and business activity as Turkey manages inflation and tight monetary policy. Next, watch whether the monthly momentum persists in October and whether nominal growth continues to outpace inflation, which would signal real activity rather than price effects.