9,078.43 TRY BIST 100 BIST 100
38.44 USD USD USD
5.32 CNY CNY CNY
43.57 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
62.41 USD Fossil Oil Fossil Oil
40.43 USD Silver Silver
4.69 USD Copper Copper
98.19 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,035.64 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

Türkiye's automotive industry was the leader of exports in April

Friday, May 2, 2025

Türkiye's foreign trade deficit decreased on an annual basis in March, but increased in the first quarter

Wednesday, April 30, 2025

Minister Bayraktar's statement on the impact of the power outage in Europe on Türkiye

Tuesday, April 29, 2025

Türkiye's unemployment rate decreased to 7.9% in March

Tuesday, April 29, 2025

TÜİK announced April confidence indices

Monday, April 28, 2025
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