The index, which had fallen to a large extent due to the effect of Kovid-19 in Europe last year, started to rise again with the reopening of economies and the spread of vaccination. Industrial production in the EU and the Eurozone decreased in the January-June period on an annual basis only in February. The index increased by 10.5 percent in the EU and 9.7 in the Eurozone in June compared to the same month of 2020.
The industrial production index, which decreased in March, April and May with the epidemic in Turkey last year, entered an upward trend again on an annual basis as of June and closed 2020 with an increase despite the epidemic.
Continuing its upward trend this year as well, the index rose by 11.3 percent, 9 percent, 16.8 percent, 66.3 percent and 40.9 percent, respectively, in the January-May period. Turkey's industrial production, which performed above the European average on an annual basis in June, increased by 23.9 percent compared to the same month of the previous year. Thus, with this performance, Turkey surpassed all EU countries whose data were announced.
Belgium was the country with the highest increase in industrial production in this period among EU countries. Belgium, where the index showed an annual increase of 23.2 percent in June, was followed by Lithuania with 20.1 percent, Slovenia with 18.9 percent and Hungary with 18.6 percent.
The countries where the index increased the least in the same month were Denmark with 2.3 percent and Finland with 4.2 percent.
Germany's industrial production, which is considered the locomotive of the European economy, increased by 6.5 percent annually in June. The index increased by 7.3 percent in France, 12.3 percent in the Netherlands and 13.9 percent in Italy.
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