Türkiye industrial output rises 6% in April, strongest in 8 months
Türkiye's industrial production climbed 6% year-on-year in April, marking the strongest annual expansion in eight months as manufacturing drove the gains, data showed.
Türkiye's industrial production index rose 6% year-on-year in April, registering its strongest annual increase in eight months, according to data released Monday by the Turkish Statistical Institute (TÜİK).
Manufacturing drives gains
The manufacturing sector powered the annual expansion with a 6.8% increase compared to April 2024, the Turkish Statistical Institute (TÜİK) said in a statement. Mining and quarrying activity contracted 2.8% over the same period, while the electricity, gas, steam and air conditioning supply index edged up 1.8%, according to the official data.
Monthly recovery
Industrial output advanced 3.7% month-on-month in April from March. Manufacturing rose 4.4% and mining gained 0.8% during the same period. The electricity, gas, steam and air conditioning supply index, however, declined 2.8%, TÜİK noted.
Economic indicator
Industrial production serves as a key barometer for economic activity, tracking output trends across manufacturing, mining, energy and related sectors. The index uses 2021 as its base year, with officials highlighting manufacturing's contribution to both annual and monthly gains.
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