Turkey's industrial production leaped 9% on an annual basis and 1.3% on a monthly basis in December, expanding for a seventh consecutive month, the country's statistical authority said Friday.
The manufacturing index saw the highest year-on-year rise among industrial subsectors with 9.5%, the Turkish Statistical Institute (TurkStat) said in a statement.
The electricity, gas, steam and air conditioning supply index went up 4.9%, while the mining and quarrying index rose 6% during the same period.
Meanwhile, in the fourth quarter of 2020, calendar-adjusted industrial production climbed 10.1% compared with the same quarter of the previous year.
Seasonally and calendar-adjusted industrial production rose 4.8% compared to the previous quarter.
The term "calendar-adjusted" is used to refer to data without calendar and holiday-originating effects.
In November, the industrial output jumped a more-than-expected 11.0% year-on-year, underscoring the economy’s rebound from the initial coronavirus-related lockdown.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.