Industry in Turkey

Turkey Industry | Economic News & Forecasts

Turkey - Industry

Industrial output declines in June

Turkish industrial production fell 3.9% year-on-year in June, down from May’s 1.3% fall. The drop in production was driven by faltering manufacturing output, while the electricity, gas and steam, and mining and quarrying sectors rose.

Sequential data was also downbeat; industrial output fell 3.7% over the prior month in June on a seasonally- and calendar-adjusted basis, contrasting May’s 1.2% increase (previously reported: +1.3% quarter-on-quarter seasonally adjusted).

FocusEconomics Consensus Forecast panelists expect industrial production to decline 2.1% in 2019. Next year, industrial output is expected to grow 2.7%.

Turkey - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)7.2  5.7  5.8  3.4  9.0  

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Turkey Industry Chart

Turkey Industry
Note: Annual variation of industrial production in %.
Source: Statistical Institute.

Turkey Facts

Bond Yield14.86-0.09 %Sep 04
Exchange Rate5.67-0.85 %Sep 04
Stock Market100,0771.41 %Sep 04

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