Industrial production decreased in August
The Turkish Statistical Institute (TUIK) published industrial production data for August. Consequently, industrial production decreased by 0.8 percent monthly in August and increased by 3.1 percent annually.
While industrial production contracted 0.3 percent month-on-month in July, it rose 7.6 percent year-on-year.
When examining the industry subsectors, as of August 2023, the mining and quarrying sector index is 5.1 percent, the manufacturing industry index is 1.8 percent, and the manufacturing sector index is 1.8 percent. and distribution of electricity, gas, steam and air conditioning is 4. percent, compared to the same month of the previous year, it increased by 9.
Annual variation rates of the industrial production index (%), August 2023
Industrial production decreased by 0.8 percent monthly
When examining the industry subsectors, in August 2023, the mining and quarrying sector index increased by 0.2 percent compared to the previous month, the manufacturing industry sector index decreased by 1.3 percent percent and the production of electricity, gas, steam and air conditioning and The distribution sector index increased by 2 percent and increased by 4.
Monthly variation rates of the industrial production index (%), August 2023