Turkiye's industrial output jumps in November 2021

ANKARA

Turkiye’s calendar-adjusted industrial production jumped 11.4% year-on-year in November 2021, the country’s statistical authority announced on Thursday.

All sub-indexes increased in the month, with the best performer being the manufacturing sector, Turkish Statistical Institute (TurkStat) data showed.

The manufacturing index surged 12.5% on an annual basis in November, while the mining and quarrying index rose 7.5%.

The electricity, gas, steam and air conditioning supply index went up 4%.

A group of 10 experts surveyed by Anadolu Agency had projected an 8.38% annual rise in November’s industrial production data.

Monthly figure

Turkiye’s industrial output increased by 3.3% month-on-month in November.

The manufacturing sector sub-index rose by 3.8%, while the electricity, gas, steam and air conditioning supply index went up by 0.4%.

On the other hand, the mining and quarrying index declined in November, dropping by 1.6% compared with October.