Turkey’s industrial production rises in August

Turkey’s industrial production rises in August

ANKARA - Anadolu Agency
Turkey’s industrial production rises in August

Industrial production in Turkey rose 5.2 percent in August 2017 compared to the same month last year, the Turkish Statistical Institute (TÜİK) announced on Oct. 9.

On an annual basis, among the three main sub-indices, the electricity, gas, steam and air-conditioning supply index enjoyed the biggest gain, up 7.3 percent in August, according to the data.

The mining and quarrying index rose by 5.7 percent, while the manufacturing index dropped 4.7 percent in the same period, the TÜİK stated.

Turkey’s industrial production index dropped slightly on a monthly basis, falling 0.1 percent from the previous month, it added.

The data showed that in August, all the main sub-indices slipped on a monthly basis apart from the manufacturing index.

The mining and quarrying index fell 1.5 percent, the manufacturing index climbed 0.2 percent, and the electricity, gas, steam and air conditioning supply index lost 1.1 percent this August compared with the previous month, according to the TÜİK.

industry, production, Turkey