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Turkey Dec. Factory Output Up
Turkey Dec. Factory Output Up

Turkey Dec. Factory Output Up

Turkey Dec. Factory Output Up

Turkey’s calendar-adjusted industrial production advanced by 1.3% in December 2016 compared with the figure from the same month in 2015, the Turkish Statistical Institute stated on Wednesday, Anadolu Agency reported. However, this production level was slightly lower than the figure from November 2016. Two of three main sub-indexes increased compared with December 2015, while the mining and quarrying index suffered, according to TUIK. The calendar-adjusted industrial sector also showed that the mining and quarrying index had decreased by 7.5%, the manufacturing index had increased by 1.3%, and the electricity, gas, steam and air conditioning supply index had increased by 4.8% in December 2016 compared with same month in 2015. On a monthly basis, the overall index fell 0.2% in December 2016 compared with November 2016. The mining and quarrying index fell by 3.4% while the manufacturing index remained the same for the same period. The electricity, gas, steam and air conditioning supply output also decreased by 0.2% in December 2016 from November 2016.  

 

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