Türkiye’s industrial manufacturing declined for the primary time in 4 months in February, official information by the nation’s statistical institute confirmed Thursday.
The industrial manufacturing index contracted 1.9% versus the identical month final 12 months, the Turkish Statistical Institute (TurkStat) stated, reversing a 1.2% progress in January. In December, it grew by a robust 7% in comparison with the identical month a 12 months earlier.
Among sectors, manufacturing manufacturing shrank 2.5% from final 12 months, and the decline in mining and quarrying output deepened to five.8% from 0.9%. Meanwhile, electrical energy manufacturing superior at an accelerated tempo of 8.5%.
Monthly, industrial manufacturing additionally decreased by 1.6% in February.
The mining and quarrying index declined by 7.6%, the excessive expertise index fell by 6.9% and the intermediate items index dropped by 2.9% in February, month-to-month.
On the opposite hand, the electrical energy, fuel and steam index noticed a month-to-month rise of three.5%, the vitality index 1.3% and the medium-high expertise index superior 0.7% in the identical interval.
Source: www.dailysabah.com