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          4.3​ Industrial sectors and trade 4.3.1​ PMI Production dynamics
        Liam Peach at Capital Economics: “Turkey’s PMI f​ell​for a second month in a row from 54.3 in August to 52.8 in September... points to industrial production accelerating from +4.4% y/y in July to 10% y/y in September.”
  4.3.2 ​Corporate profits dynamics
   TAV Havalimanlari Holding r​eported​a net loss of Turkish lira (TRY) 1.5bn (€120mn) for the first nine months versus a net profit of TRY950mn in the same period of last year.
Automaker Tofas r​eported​a 71% y/y increase in its net income to Turkish lira (TRY) 510mn (€53.3mn) in the third quarter of 2020.
Automaker Ford Otosan’s net profit l​eapt​to Turkish lira (TRY)1.6bn (€142mn) in the third quarter of 2020 from TRY454mn a year earlier.
    11​ TURKEY Country Report​ November 2020 ​ ​www.intellinews.com
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