Year-on-year industrial output drops in January

ANADOLU AGENCY
ANKARA
Published 15.03.2019 00:24

Industrial production in Turkey climbed by 1 percent in January on a monthly basis, the country's statistical authority announced yesterday.

Among three main sub-indices, the mining and quarrying index enjoyed the highest increase with 1.7 percent in the same period. The manufacturing index rose 1.1 percent, while the electricity, gas, steam and air conditioning supply index went up slightly by 0.1 percent this January compared to December 2018.

On a yearly basis, calendar adjusted industrial production in Turkey dropped 7.3 percent year-on-year in January. Decreasing by an annual 7.5 percent, the manufacturing index suffered the most among the three main sub-indices according to data.

It was followed by the mining and quarrying index

with a decline of 7 percent compared to the same month of the previous year. The electricity, gas, steam and air conditioning supply index also dropped 1.7 percent year-on-year during the month.

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