The total turnover of the sectors increased by 94 percent in January
The Turkish Statistical Institute announced the turnover rates for the period of January 2023.
Consequently, the turnover rate (2015=100) in the industry, construction, commerce and services sectors increased by 94.0 percent per year in January 2023.
Looking at the sub-details of the total billing; In January 2023, the annual turnover rate of the industrial sector increased by 65.6%, the turnover rate of construction increased by 115.6%, the turnover rate of commerce increased by 110.9%, and the rate of service billing increased by 107.6%.
Annual increase in the total turnover of the sectors, January 2023
MONTHLY INCREASE 8.3 PERCENT
The turnover rate (2015=100) in the industry, construction, commerce and services sectors increased by 8.3 percent per month in January 2023.
Looking at the sub-details of the total billing; In January 2023, the monthly turnover rate for the industrial sector increased by 5.8%, the billing rate for construction increased by 8.5%, the commercial billing rate increased by 9.8%, and the billing rate for of services increased by 8.9%.
A DIFFERENT CALCULATION IS MADE FOR THE AREA OF THE EARTHQUAKE
On the other hand, in the statement made by TURKSTAT, it was indicated that the data obtained from the Value Added Tax (VAT) declarations were used in the calculation of the Billing Indices. It was recalled that force majeure was declared in the provinces affected by the earthquake disaster and the declarations were postponed.
For this reason, the estimates were made using alternative data sources, such as the industrial production survey, electronic invoice, electronic file invoice data, and statistical methods for missing observations in the January 2023 calculations.
The proportion of the size estimated by these methods in the total was 6.29 percent.