HomeEconomyTürkiye's industrial production jumps 1.6% in December 2023

Türkiye’s industrial production jumps 1.6% in December 2023

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Türkiye’s industrial manufacturing registered an annual enhance of 1.6% in December, the nation’s statistical authority mentioned Friday.

While the mining and quarrying subindex fell 1.2%, the manufacturing index, and electrical energy, fuel, steam and air-con provide index rose 2.1% and 4.5%, respectively, the Turkish Statistical Institute (TurkStat) mentioned.

The manufacturing of capital items rose 6.1%, intermediate items 3.5% and vitality 1.7%, whereas sturdy and nondurable shopper items dropped 3.4% and 1.9%, respectively.

High-tech manufacturing jumped 14.3%, medium-low-tech manufacturing 5.4% and medium-high tech 3.4%, whereas low-tech manufacturing dropped by 2.8% year-over-year.

Output rose 2.4% month-over-month in December on a seasonal and calendar-adjusted foundation, in keeping with the TurkStat information.

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