Industry in Turkey
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
|Industrial Production (annual variation in %)||7.2||5.7||5.8||3.4||9.0|
5 years of economic forecasts for more than 30 economic indicators.
Turkey Industry Chart
Source: Statistical Institute.
|Bond Yield||14.86||-0.09 %||Sep 04|
|Exchange Rate||5.67||-0.85 %||Sep 04|
|Stock Market||100,077||1.41 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
September 3, 2019
Consumer prices rose 0.86% in August compared to the previous month, down from July’s 1.36% increase.
September 2, 2019
Operating conditions in the Turkish manufacturing sector deteriorated at a less severe pace in August than in July, with the Istanbul Chamber of Industry and IHS Markit’s manufacturing Purchasing Managers’ Index (PMI) rising to 48.0 from 46.7.
August 26, 2019
The business confidence index recovered in August, rising to 102.5 from 98.3 in July.
Turkey: Consumer confidence improves marginally in August, but remains mired in pessimistic territory
August 22, 2019
Sentiment among Turkish consumers improved slightly in August after dropping to a near-record low in July, with the consumer confidence index rising to 58.3 in August from 56.5.
August 16, 2019
Turkish industrial production fell 3.9% year-on-year in June, down from May’s 1.3% fall.