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Turkey's industrial production index fell year-on-year

Turkish Statistical Institute (TUIK) announced the industrial production index data for April 2023.

Turkey's industrial production index fell year-on-year

The industrial production index decreased by 1.2 percent year-on-year. When the sub-sectors of the industry (2015=100 reference years) are analyzed, in April 2023, the mining and quarrying sector index decreased by 12.2 percent compared to the same month of the previous year, the manufacturing industry index remained the same, and electricity, gas, steam and air conditioning production and distribution sector index decreased by 4.3 percent.

Industrial production decreased by 0.9 percent in April

When the sub-sectors of the industry are analyzed, in April 2023, the mining and quarrying sector index decreased by 0.9 percent and the manufacturing industry sector index decreased by 1.0 percent compared to the previous month, while the electricity, gas, steam and air conditioning production and distribution sector index increased by 0.5 percent.

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