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Industrial production increased by 5% in December

According to data released by the Turkish Statistical Institute (TÜİK), industrial production increased by 7% in December 2024 compared to the same period of the previous year, recording a significant increase on an annual basis. On a monthly basis, industrial production increased by 5%, the highest increase in the last 21 months.

Industrial production increased by 5% in December

Analyzing the sub-sectors of industry, the mining and quarrying sector index increased by 1.8% in December 2024 compared to the same period last year, while the manufacturing industry sector index increased by 6.8%. Electricity, gas, steam and air conditioning production and distribution sector increased by 11.4%.

In monthly data, the mining and quarrying sector index increased by 2.2% compared to the previous month, while the manufacturing industry sector index increased by 5.6%. The electricity, gas, steam and air conditioning production and distribution sector recorded an increase of 0.4%.

These strong increases indicate that the recovery and growth in the industrial sector continues.

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