Skyline at golden hour in Turkey

Turkey Industrial production February 2023

Turkey: Industrial output records best reading since June 2022 in January

Industrial output increased 4.5% in year-on-year terms in January, which contrasted December’s 0.4% decrease. January’s figure marked the best reading since June 2022. Looking at the details of the release, stronger manufacturing output spearheaded the rebound. That said, mining and quarrying production plunged.

Meanwhile, annual average industrial production growth fell to 5.4% in January (December: +5.7%). This signals a worsening trend in the industrial sector.

On a monthly basis, industrial production expanded 1.9% in seasonally adjusted terms in January (December: +1.7% mom)

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen