Turkey’s industrial production rises slightly in November

ANKARA

Turkish industrial production rose 2.7 percent in November compared to the same month in 2015, led by rises in all sub-indices, although the index remained the same compared with the previous month, data from the Turkish Statistics Institute (TÜİK) showed on Jan. 9. 

On an annual basis, the mining and quarrying index rose 1.8 percent, the manufacturing index was up 2.1 percent, and the electricity, gas, steam, and air conditioning supply index jumped 7.8 percent in November, according to the data.

The report showed that the mining and quarrying index slipped 0.3 percent and the manufacturing index also saw a slight decline of 0.2 percent in November from the previous month based on seasonally and calendar adjusted values.

According to the seasonally and calendar adjusted main industrial groupings (MIGs) classification, the largest increase was in durable consumer goods by 2.6 percent in November 2016, compared with the previous month.

When the sub sectors of the seasonally and calendar adjusted manufacturing are examined, the largest increase was in repair and installation of machinery and equipment by 5.7 percent. It was followed by the manufacturing computer, electronic and optical products by 5 percent and the manufacturing wood and products of wood and cork (except furniture), which were up by 3.7 percent in November compared with the previous month.

When the sub sectors of the seasonally and calendar adjusted manufacturing were examined, the highest drop was seen in the manufacturing basic pharmaceutical products and pharmaceutical preparations and the manufacturing leather and related products by 6.7 percent each, followed by the manufacturing clothing apparel by 2.9 percent in November 2016 compared with the previous month.