By Tuba Sahin
ANKARA (AA) - 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.