Home News Total turnover index including industry, construction, trade, and services sectors in Türkiye...

Total turnover index including industry, construction, trade, and services sectors in Türkiye increased by 68.1% on annual basis

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Turnover Indices in Türkiye, February 2023

The calculation of turnover index is based on VAT declarations. In the regions affected by the earthquake disaster in our country, force majeure was declared and VAT declarations were postponed. For this reason, alternative data sources such as industrial production survey, e-invoice and e-archive invoice data and statistical methods were used to impute missing observations in the February 2023 calculations. The share of these estimated observations in the total is 3.52%.

Source: TurkStat
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