Türkiye's industrial output down by 1.3% in November 2022

Türkiye's industrial output down by 1.3% in November 2022

All sub-indexes post monthly, yearly declines last November

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's calendar-adjusted industrial production decreased by 1.3% in November 2022 on a yearly basis, the country's statistical authority announced on Tuesday.

The mining and quarrying sub-index posted a yearly decline of 8.6% in the month, while the electricity, gas, steam and air conditioning supply sub-index and manufacturing sub-index fell by 7.9% and 0.4%, respectively, the Turkish Statistical Institute (TurkStat) said.

The industrial production index was also down by 1.1% on a monthly basis in November.

"When the subsectors of the industry were examined, mining and quarrying index decreased by 1.3%, manufacturing index decreased by 1.0% and electricity, gas, steam and air conditioning supply index decreased by 2.3% in November 2022 compared with the previous month," according to TurkStat.​​​​​​​

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