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Türkiye's industrial production jumps 1.6% in December 2023

by Daily Sabah with Agencies

ISTANBUL Feb 09, 2024 - 12:08 pm GMT+3
A worker is seen at a factory in Antalya, southern Türkiye, Jan. 11, 2024. (IHA Photo)
A worker is seen at a factory in Antalya, southern Türkiye, Jan. 11, 2024. (IHA Photo)
by Daily Sabah with Agencies Feb 09, 2024 12:08 pm

Türkiye's industrial production registered an annual increase of 1.6% in December, the country's statistical authority said Friday.

While the mining and quarrying subindex fell 1.2%, the manufacturing index, and electricity, gas, steam and air conditioning supply index rose 2.1% and 4.5%, respectively, the Turkish Statistical Institute (TurkStat) said.

The production of capital goods rose 6.1%, intermediate goods 3.5% and energy 1.7%, while durable and nondurable consumer goods dropped 3.4% and 1.9%, respectively.

High-tech production jumped 14.3%, medium-low-tech production 5.4% and medium-high tech 3.4%, while low-tech production dropped by 2.8% year-over-year.

Output rose 2.4% month-over-month in December on a seasonal and calendar-adjusted basis, according to the TurkStat data.

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  • Last Update: Feb 09, 2024 3:07 pm
    KEYWORDS
    turkish economy türkiye industry industrial production
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