Turkish industrial production rises by 11.5% annually
The Turkish Statistical Institute announced on Monday that the country's industrial production has seen an annual increase of 11.5%.
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Upon examining the subsectors of the industry (based on 2021=100), it was found that the mining and quarrying index rose by 12.8%, the manufacturing index increased by 11.9%, and the electricity, gas, steam, and air conditioning supply index saw a rise of 7.7% in February 2024, compared to the same month of the previous year.
Monthly Industrial Production Sees 3.2% Increase
In addition to the annual increase, the industrial production also witnessed a monthly increase of 3.2%.
A closer look at the subsectors revealed that while the mining and quarrying index decreased by 3.2%, the manufacturing index and the electricity, gas, steam, and air conditioning supply index saw increases of 3.8% and 0.3% respectively in February 2024, compared to the previous month. (ILKHA)
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