Trade Resources Industry Views Turkey's Industrial Production Increases by 2.9 Percent Compared to The Previous Month

Turkey's Industrial Production Increases by 2.9 Percent Compared to The Previous Month

According to the data released by the Turkish Statistical Institute (TUIK), in November last year Turkey's season and calendar adjusted monthly industrial production index increased by 2.9 percent compared to the previous month, while the calendar adjusted index was up 4.7 percent year on year.

In November, the calendar adjusted production index for the manufacture of basic metals in Turkey rose 4.4 percent year on year, recording the highest increase rate among all domestic industrial sectors, while the season and calendar adjusted index for the manufacture of basic metals was down 0.2 percent from the previous month.

Meanwhile, the output index for the manufacture of fabricated metal products in November rose by 6.4 percent year on year and was up by 4.3 percent compared to the previous month.

Source: http://www.steelorbis.com/steel-news/latest-news/turkeys-industrial-production-up-29-in-nov-over-oct-805206.htm
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Turkey's Industrial Production up 2.9% in Nov Over Oct
Topics: Metallurgy