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Türkiye's industrial output swings back to growth in September

ENGLISH 11.11.2024 - 13:35, Güncelleme: 11.11.2024 - 13:17

Türkiye's industrial output swings back to growth in September

Production rises 1.6% from August, official data shows

Türkiye's industrial output posted a month-on-month rise in September, reversing a decrease in August, according to official data released on Monday. Industrial production grew 1.6% from a month ago, following a 1.6% decline in August, Turkish Statistical Institute (TurkStat) data showed. The manufacturing index increased 1.8% on a monthly basis and the mining and quarrying index rose 1.2%. The electricity, gas, steam, and air conditioning supply index, on the other hand, fell 1.8% in September.  On an annual basis, industrial production growth shrank 2.4% in September, easing from August's 5.2%.

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Production rises 1.6% from August, official data shows

Türkiye's industrial output posted a month-on-month rise in September, reversing a decrease in August, according to official data released on Monday.

Industrial production grew 1.6% from a month ago, following a 1.6% decline in August, Turkish Statistical Institute (TurkStat) data showed.

The manufacturing index increased 1.8% on a monthly basis and the mining and quarrying index rose 1.2%.

The electricity, gas, steam, and air conditioning supply index, on the other hand, fell 1.8% in September. 

On an annual basis, industrial production growth shrank 2.4% in September, easing from August's 5.2%.

#Türkiye

#industrial output

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