9,961.34 TRY BIST 100 BIST 100
4.85 CNY CNY CNY
35.35 USD USD USD
36.59 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
75.97 USD Fossil Oil Fossil Oil
29.61 USD Silver Silver
4.02 USD Copper Copper
98.35 USD Iron Ore Iron Ore
355.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,657.08 TRY Gold (gr) Gold (gr)

Industrial production exceeded expectations in May!

The Turkish Statistical Institute (TUIK) published the industrial production statistics for May. Accordingly, industrial production increased by 9.1 percent on an annual basis and by 0.5 percent on a monthly basis.

Industrial production exceeded expectations in May!

The industrial production index increased by 0.5 percent month on month and 9.1 percent year-on-year in May.

The median estimate of economists surveyed by Bloomberg was that industrial output rose 8 percent annually, contracting 0.3 percent monthly.

When the sub-sectors of the industry are analyzed, while the mining and quarrying sector index decreased by 5.7 percent compared to the same month of the previous year, the manufacturing industry index increased by 10.7 percent and the electricity, gas, steam and air conditioning production and distribution sector index increased by 0.3 percent. .

Industrial production increased 0.5 percent monthly

When the sub-sectors of the industry are analyzed, in May 2022, the mining and quarrying sector index decreased by 3 percent compared to the previous month, the manufacturing industry index increased by 0.8 percent and the electricity, gas, steam and air conditioning production and distribution sector index decreased by 0.3 percent.

Industrial production had increased by 10.8 percent year-on-year in the previous month.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Italian car production falls to 68-year low

Saturday, January 4, 2025

Exports set a record in 2024, trade deficit narrowed

Friday, January 3, 2025

UAE aims to become a strategic centre for global trade by 2025

Thursday, January 2, 2025

December PMI data in China came in below expectations

Tuesday, December 31, 2024

Profitability of industrial companies in China decreased for the fourth time in November

Friday, December 27, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now