Industrial production decreased in Turkey compared to last year

Industrial production decreased in Turkey compared to last year

The Turkish Statistical Institute announced Friday that industrial production for this year had declined compared to the same month 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.

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