Textile industry suffers from weak domestic, export demand
Magda Gheorghiță
ISTANBUL The Turkish textile sector has been experiencing weak domestic and export demand, resulting in job losses within the industry. The decline in textile, clothing and footwear sales deepened in February, showed the latest data from the Turkish Statistical Institute (TÜİK). The sales volume in these sectors shrank by 1 percent monthly and 5.6 percent annually in February, hitting their lowest level since February 2021. In February, the headline retail sales volume index increased by 12.2
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