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16:14, 23 November 2017 Thursday
Update: 13:38, 08 November 2017 Wednesday

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Turkey's industrial production up 10.4 pct in September
Turkey's industrial production up 10.4 pct in September

Industrial output sees increase on yearly basis in September, according to official data

World Bulletin / News Desk

Turkey's industrial production rose by 10.4 percent in September, compared with the same month last year, according to Turkish Statistical Institute (TurkStat) on Wednesday.

In September, the annual increase in electricity, gas, steam and air conditioning supply index was 13 percent, while the manufacturing index and mining and quarrying index were up 10.4 and 4.6 percent, respectively.

Among all sections and main industrial groupings, the highest increase year-on-year was seen in durable consumer goods index with a 36.5 percent hike, official data showed.

On a monthly basis, the country's industrial output was up 0.6 percent in September, compared with August, the institute noted.

Durable consumer goods index surged 6.6 percent from August to September, followed by mining and quarrying with a 5.7 percent monthly rise.

TurkStat also stated that the manufacturing index increased by 0.2 percent and electricity, gas, steam and air conditioning supply index advanced by 1.6 percent in September, compared with August.

Meanwhile, Turkey's industrial production increased by 1.9 percent in the third quarter of this year, compared with the period of April-June, while the third quarter's annual increase was 10 percent.

According to the institute, the purpose of calculating monthly industrial production index is to measure the evolution of economy and the positive and negative effects of economical political decisions in short term.

TurkStat will release the next monthly figures on December, 8, 2017.



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