Turkey industrial production flat in November

ANKARA (AA) – Turkish industrial output was flat in November from the previous month, as an advance in one sub-index was offset by declines in two others, according to official data released Monday.

A report from the Turkish Statistical Institute showed the mining and quarrying index slipped 0.3 percent and the manufacturing index also saw a slight decline of 0.2 in November from the previous month based on seasonally and calendar adjusted values.

The electricity, gas, steam, and air conditioning supply index was up 1.5 percent in November from the previous month, offsetting declines in first two main sub-indexes.

On an annual basis, the industrial production index rose 2.7 percent from the same month in 2015, led by rises in all sub-indices.

Also on an annual basis, the mining and quarrying index rose 1.8 percent, the manufacturing index was up 2.1 percent, and the electricity, gas, steam, and air conditioning supply index jumped 7.8 percent in November, according to the report.