HomeEconomyTürkiye's industrial output up 1.1% year-over-year in January

Türkiye’s industrial output up 1.1% year-over-year in January

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Industrial manufacturing in Türkiye witnessed an upswing on an annual foundation in January, official information confirmed on Tuesday with all subsectors posting will increase within the first month of the brand new yr.

The output elevated by 1.1% year-over-year in January, the information from Turkish Statistical Institute (TurkStat) confirmed.

Delving into subsectors of the business, the mining and quarrying index elevated by 4.9%, the manufacturing index noticed an increase of 0.4% and the electrical energy, fuel, steam and air con provide index elevated by 8.4% in January 2024, in contrast with the identical month of the earlier yr.

At the identical time, industrial manufacturing has not modified on a month-to-month foundation, in line with the information.

The mining and quarrying index elevated by 4.3%, the manufacturing index decreased by 0.6%, and the electrical energy, fuel, steam and air con provide index elevated by 4.6% in January 2024, versus December 2023.

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