Industrial production decreased in July
The Turkish Statistical Institute (TUIK) published industrial production data for March. Consequently, while industrial production decreased by 0.4 percent monthly in July, it increased by 7.4 percent annually.
When the industry subsectors are examined (with reference year 2015 = 100), in July 2023, the mining and quarrying sector index is 1.7 percent compared to the same month of the previous year, the sector index of the manufacturing industry is 1.7 percent. 7.4 percent and the electricity, gas, steam and air conditioning production and distribution sector index increased by 4.1 percent.
Annual variation rates of the industrial production index (%), July 2023
Industrial production decreased by 0.4 percent monthly.
When examining industry subsectors, in July 2023, the mining and quarrying sector index increased by 10.5 percent compared to the previous month, and the electricity, gas, production and distribution sector index increased by 10.5 percent compared to the previous month, steam and air conditioning increased 3.7 percent. . The manufacturing industry sector index declined 1.4 percent.
Monthly variation rates of the industrial production index (%), July 2023
Source: Sozcu
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