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Industrial production rose by 3.4 percent in July

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Sep 11, 2012 - 12:00 am GMT+3
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by Sep 11, 2012 12:00 am

Turkey’s production continues to rise. In July, industrial production increased by 3.4 percent, while the manufacturing industry rose by three percent.

The Turkish Statistical Institute (TÜİK) has released the industrial production index figures for July, 2012. Turkey's industrial production index for July showed an increase of 3.4 percent compared to the year prior.

This July's statistics revealed that the mining and quarrying sector index dropped by 1.7 percent, the manufacturing industry sector index increased by three percent, while the electricity, gas, steam and acclimatization production and distribution sector index increased by 8.2 percent.

The non-calendar based index increased by 3.4 percent for July compared to figures from the year prior, however industrial production for the deseasonalized and non-calendar based index for July increased by 1.7 percent year-on-year. The classification of the main industrial groups with the highest increase seen based on July figured was the production and distribution sector for electricity, gas, steam and acclimatization at 8.2 percent.

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