11/13/2020

Positive Trend in Turkey’s Industrial Production Continues in September

​​The Turkish government’s decision to ease COVID-19 restrictions paid off well. Turkey’s industrial production index increased by 8.1 percent on an annual basis, with the monthly figure rising 1.7 percent  and quarterly 7.7 percent in September. 

Minister of Industry and Technology Mustafa Varank evaluated the data as a success at the European level. “With our year-on-year performance, we saw the highest jump in production in Europe," said Minister Varank. 

Meanwhile, in comparison to the 2019 September figures, medium-high technology products took the lead with a 13.8 percent increase y-o-y. 
industrial; production; index; manufacturing; COVID-19