Industrial Production in Turkey increased 3.40 percent in August of 2020 over the previous month. source: Turkish Statistical Institute

Industrial Production Mom in Turkey averaged 0.47 percent from 1986 until 2020, reaching an all time high of 18.20 percent in May of 2020 and a record low of -30.10 percent in April of 2020. This page provides the latest reported value for - Turkey Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Industrial Production MoM - values, historical data and charts - was last updated on December of 2020.

Industrial Production Mom in Turkey is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Turkey to stand at -1.60 in 12 months time. In the long-term, the Turkey Industrial Production MoM is projected to trend around 0.50 percent in 2021 and 0.70 percent in 2022, according to our econometric models.

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Turkey Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.40 8.50 18.20 -30.10 1986 - 2020 percent Monthly
SA

Turkey Business Last Previous Highest Lowest Unit
Business Confidence 103.90 108.10 123.30 52.60 points [+]
Manufacturing PMI 51.40 53.90 56.90 33.40 points [+]
Industrial Production 8.10 10.60 27.30 -31.30 percent [+]
Industrial Production Mom 3.40 8.50 18.20 -30.10 percent [+]
Manufacturing Production 11.40 5.30 25.60 -33.20 percent [+]
Capacity Utilization 75.80 75.40 82.00 58.70 percent [+]
Changes in Inventories 90877002.50 32025707.70 90877002.50 -56495309.70 TRY THO [+]
Bankruptcies 1331.00 1582.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 94733.00 90619.00 156173.00 1764.00 [+]
Car Production 150746.00 142129.00 163460.00 1421.00 Units [+]
Car Registrations 114426.00 105732.00 157531.00 5921.00 [+]
Leading Economic Index 3.40 4.46 12.15 -8.99 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Mining Production 5.20 -5.10 39.90 -27.70 percent [+]
Steel Production 3208.06 3224.95 3382.29 152.00 Thousand Tonnes [+]
Competitiveness Index 62.14 61.60 62.14 4.13 Points [+]
Competitiveness Rank 61.00 61.00 63.00 43.00 [+]
Ease of Doing Business 33.00 43.00 73.00 33.00 [+]
Electricity Production 25815.00 23633.00 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 39.00 41.00 50.00 31.00 Points [+]
Corruption Rank 91.00 78.00 91.00 29.00 [+]


Turkey Industrial Production MoM
In Turkey, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 84 percent of total production. The biggest segments within Manufacturing are: Food products (16 percent of total production); basic metals (11 percent); motor vehicles, trailers and semi-trailers (9 percent); textile (8 percent); other non-metallic mineral products (6 percent); rubber and plastic products (5 percent); chemicals and chemical products (5 percent); electrical equipment (5 percent); wearing apparel (5 percent); and fabricated metal products (5 percent).