Important news!
The Turkish Statistical Institute (TUIK) has released industrial production veri for October.
Calendar-adjusted industrial production increased by 2.5 percent compared to the same month of the previous year.
Seasonally and calendar-adjusted industrial production increased by 2.4 percent compared to the previous month.
The unadjusted industrial production index, on the other hand, increased by 3.1 percent on zihin annual basis.
When analyzing industry sub-sectors, the index fell by 7.4 percent in the mining and quarrying sector, by 4.8 percent in the electricity, gas, steam and air conditioning manufacturing and distribution sector, and rose by 3.7 percent. percent in the manufacturing industry in October, compared to the same month of the previous year.
MONTHLY DATA IN INDUSTRIAL PRODUCTION
In that month, the mining and quarry sector index rose 7.8 percent over the previous month, the manufacturing sector index rose 2.5 percent, and the manufacturing and distribution sector index of electricity, gas, steam and air conditioning by 2.1 percent. per cent.
Economists participating in the AA Finans Industrial Production Expectation Survey expected the calendar-adjusted industrial production index to fall 0.3 percent in October compared to the same period last year.
The unadjusted industrial production index is also expected to fall by 0.2 percent on zihin annual basis.
VARANK: INCREASE IN HIGH TECHNOLOGY WAS EFFECTIVE
Industry and Technology Minister Mustafa Varank has issued a statement on industrial production figures. Minister Varank said, “11 percent monthly and 36.7 percent annual change observed in high-tech production was very effective in October industrial production increase.”
NEBATI: WHEELS KEEP TURNING
Finance and Finance Minister Nureddin Nebati stated that while industrial production slowed in the world’s advanced economies, Turkey showed strong increases both month-on-year and year-over-year, saying: “The wheels in the industry continue to turn rapidly within the framework of our policy of prioritizing domestic production and export.”
The Turkish Statistical Institute (TUIK) has released industrial production veri for October.
Calendar-adjusted industrial production increased by 2.5 percent compared to the same month of the previous year.
Seasonally and calendar-adjusted industrial production increased by 2.4 percent compared to the previous month.
The unadjusted industrial production index, on the other hand, increased by 3.1 percent on zihin annual basis.
When analyzing industry sub-sectors, the index fell by 7.4 percent in the mining and quarrying sector, by 4.8 percent in the electricity, gas, steam and air conditioning manufacturing and distribution sector, and rose by 3.7 percent. percent in the manufacturing industry in October, compared to the same month of the previous year.
MONTHLY DATA IN INDUSTRIAL PRODUCTION
In that month, the mining and quarry sector index rose 7.8 percent over the previous month, the manufacturing sector index rose 2.5 percent, and the manufacturing and distribution sector index of electricity, gas, steam and air conditioning by 2.1 percent. per cent.
Economists participating in the AA Finans Industrial Production Expectation Survey expected the calendar-adjusted industrial production index to fall 0.3 percent in October compared to the same period last year.
The unadjusted industrial production index is also expected to fall by 0.2 percent on zihin annual basis.
VARANK: INCREASE IN HIGH TECHNOLOGY WAS EFFECTIVE
Industry and Technology Minister Mustafa Varank has issued a statement on industrial production figures. Minister Varank said, “11 percent monthly and 36.7 percent annual change observed in high-tech production was very effective in October industrial production increase.”
NEBATI: WHEELS KEEP TURNING
Finance and Finance Minister Nureddin Nebati stated that while industrial production slowed in the world’s advanced economies, Turkey showed strong increases both month-on-year and year-over-year, saying: “The wheels in the industry continue to turn rapidly within the framework of our policy of prioritizing domestic production and export.”