Türkiye’s industrial production rises 2.4% in November

By Mucahithan Avcioglu

ISTANBUL (AA) - Türkiye’s industrial production rose 2.4% year-on-year in November, the Turkish Statistical Institute (TurkStat) said Friday.

Of the 12 sub-sectors measured, seven recorded annual increases, while five saw declines.

The high-technology index surged 30.9% year-on-year in November, while the capital goods index rose 10.9% and medium-high technology production increased 8.6%.

In contrast, the low-technology index fell 4.6% annually, and production of non-durable consumer goods declined 6.4%.

On a monthly basis, overall industrial production increased 2.5% in November.

Nine of the 12 sub-sectors posted monthly gains, while three recorded declines.

Among the strongest monthly performers, medium-high technology production rose 10.5%, capital goods output increased 5.9%, and medium-low technology production gained 4.8%.

Meanwhile, the mining and quarrying index dropped 4.8% month-on-month, while energy production declined 0.7%.