Turkiye's industrial production index falls 5.3% YoY, 1.6% MoM in Aug

12 Oct '24

1 min read

Turkiye's industrial production index falls 5.3% YoY, 1.6% MoM in Aug

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Turkiye's industrial production decreased by 5.3 per cent YoY and by 1.6 per cent month on month (MoM) in August.
The manufacturing index decreased by 5.4 per cent YoY and 1.3 per cent MoM.
The index for intermediate goods fell by 4.9 per cent YoY and 1.3 per cent MoM, while the one for durable consumer goods dropped by 1.5 per cent YoY and 1.6 per cent MoM.

Turkiye’s industrial production decreased by 5.3 per cent year on year (YoY) and by 1.6 per cent month on month (MoM) in August this year, according to the Turkish Statistical Institute (Turkstat).

The manufacturing index decreased by 5.4 per cent YoY and 1.3 per cent MoM, and the index for electricity, gas, steam and air conditioning supply index increased by 1.6 per cent YoY and decreased by 3.2 per cent MoM in the month.

The production index for intermediate goods fell by 4.9 per cent YoY and 1.3 per cent MoM, while the one for durable consumer goods dropped by 1.5 per cent YoY and 1.6 per cent MoM, a Turkstat release said.

The index for capital goods decreased by 10.7 per cent YoY and 1.6 per cent MoM in August.

Fibre2Fashion News Desk (DS)

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