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Industrial production increased by 10.8 percent annually

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TURKSTAT announced the Industrial Production Index data for April.

ANKARA (IGFA) – While the Industrial Production Index did not show any change on a monthly basis in April, it increased by 10.8 percent on an annual basis.

According to the information released by the Turkish Statistical Institute, the calendar adjusted industrial production index rose to 10.8 percent in April compared to the same month of the previous year, while the unadjusted industrial production index increased by 10.5 percent on an annual basis.

When the sub-sections of the industry are analyzed, it is seen that the index increased by 7.4 percent in the mining and quarrying section, by 11.9 percent in the manufacturing industry, and decreased by 0.4 percent in the electricity, gas, steam and air conditioning production and distribution section in April compared to the same month of the previous year.

In this middle, seasonal and calendar adjusted industrial production remained at a one-to-one monthly rate in April. Compared to the previous month, the mining and quarrying branch index increased by 3.4 percent and the manufacturing industry branch index increased by 0.1 percent, while the electricity, gas, steam and air conditioning production and distribution sector index decreased by 3.3 percent.

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