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Turkiye's industrial production drops 4.7% YoY, 2.1% MoM in June 2024

12 Aug '24
1 min read
Turkiye's industrial production drops 4.7% YoY, 2.1% MoM in June 2024
Pic: Adobe Stock

Insights

  • Turkiye's industrial production dropped by 4.7 per cent YoY and 2.1 per cent MoM in June, Turkstat data showed.
  • The index for manufacturing fell by 6.9 per cent YoY and 3.1 per cent MoM in the month.
  • The index for durable consumer goods decreased by 9.1 per cent YoY and 5.4 per cent MoM and that for capital goods fell by 5.6 per cent YoY and 1.7 per cent MoM.
Turkiye’s industrial production dropped by 4.7 per cent year on year (YoY) and 2.1 per cent month on month (MoM) in June this year, according to the Turkish Statistical Institute (Turkstat).

The index for manufacturing decreased by 6.9 per cent YoY and 3.1 per cent MoM during the month, a Turkstat release said.

The index for durable consumer goods decreased by 9.1 per cent YoY and 5.4 per cent MoM in the month.

The index for capital goods decreased by 5.6 per cent YoY and 1.7 per cent MoM, while that for intermediate goods dropped by 6.1 per cent YoY and 3.3 per cent MoM.
 

ALCHEMPro News Desk (DS)

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