Skyline at golden hour in Turkey

Turkey Industrial production October 2023

Turkey: Industrial activity contracts at sharper pace in October

Industrial output dropped 0.3% in month-on-month seasonally adjusted terms in October, which was a larger contraction than September’s 0.1% decrease. The result was primarily driven by a drop in manufacturing production. In addition, energy output contracted at a steeper rate.

On an annual basis, factory output rose at a more moderate pace of 1.1% in October (September: +4.1% yoy). Accordingly, annual average industrial production growth fell to 0.8% in October (September: +1.0%). This signals a worsening trend in the industrial sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest