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Industrial production decreased in Turkey compared to last year

Turkish Statistical Institute [Turkstat] announced industrial production data for June 2019. Accordingly, industrial production declined 3.9 percent compared to the same month the previous year.

When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index increased by 4.8%, manufacturing index decreased by 4.6% and electricity, gas, steam, and air conditioning supply index increased by 0.5% in June 2019, compared with the same month of the previous year.  

When the subsectors of the industry (based on 2015=100) were examined, while mining and quarrying index increased by 2.4%, manufacturing index decreased by 4.2% and electricity, gas, steam, and air conditioning supply index decreased by 1.3% in June 2019, compared with the previous month.

In the second quarter of 2019, calendar-adjusted industrial production decreased by 3% compared with the same quarter of the previous year. The seasonally and calendar-adjusted industrial production increased by 0.5% compared with the previous quarter. (ILKHA)

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