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Turkiye's industrial production index rises 2.5% YoY in Oct 2022

16 Dec '22
1 min read
Pic: Shutterstock/ thomas koch
Pic: Shutterstock/ thomas koch

Turkiye’s industrial production index increased by 2.5 per cent year-on-year (YoY) in October 2022. When the subsectors of the industry (based on 2015=100) were examined, manufacturing index increased by 3.7 per cent in October 2022 YoY, as per the Turkish Statistical Institute (TurkStat).

Moreover, industrial production and manufacturing index for Turkiye increased by 2.4 per cent and 2.5 per cent month-on-month (MoM) respectively. The nation’s non-durable consumer goods sector, which includes clothing and textiles, jumped 2.9 per cent YoY, according to a press release by TurkStat.

Annual changes refer to the changes of calendar adjusted index values compared to the same month of the previous year. Monthly changes refer to the changes of seasonally and calendar adjusted index values compared to the previous month.

ALCHEMPro News Desk (NB)

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