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Friday, June 08, 2012

Turkey Manufacturing Unexpectedly Grew in April, Yields Rise - Bloomberg

Turkey Manufacturing Unexpectedly Grew in April, Yields Rise
By Ali Berat Meric - Jun 8, 2012 3:18 AM ET


Turkish industrial production unexpectedly expanded in April from a year ago. Bond yields climbed.

Production grew 1.8 percent from April 2011, the statistics agency in Ankara said on its website today. Output was expected to be unchanged, according to the median estimate of six economists questioned by Bloomberg. Production expanded an annual 2.6 percent in March.

More:Turkey Manufacturing Unexpectedly Grew in April, Yields Rise - Bloomberg