According to the data released by the Turkish Statistical Institute (TUIK), in February this year Turkey's calendar adjusted monthly industrial production index with the base year 2010=100 increased by 4.4 percent year on year, while the index was up 1.5 percent compared to the previous month. The production index in the country's intermediate goods output recorded a 8.6 percent year-on-year increase in February, while it rose 1.4 percent compared to the previous month.
In February, the production index for the manufacture of basic metals in Turkey rose 7.8 percent year on year and was up 5.7 percent over the previous month, following the 2.4 percent month-on-month decrease recorded in January. Meanwhile, the output index for the manufacture of fabricated metal products in February rose by 7.1 percent year on year and was down by 0.5 percent compared to the previous month, following the 10.5 percent month-on-month increase recorded in January.
