Türkiye's industrial production down in April

Türkiye's industrial production down in April

Country's industrial production index posts annual and monthly declines in April

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's industrial production posted a decline of 1.2% year-on-year in April, the country's statistical authority TurkStat said on Friday.

Broken down by industry subsectors, the mining and quarrying index dropped 12.2%, the manufacturing index was unchanged, and the electricity, gas, steam and air conditioning supply index fell 4.3% in April on a yearly basis.

The production of intermediate goods, non-durable goods, and energy shrank, while it rose for durable consumer goods and capital goods.

Low technology, medium-low technology, and high technology production fell in April on a yearly basis, while medium to high technology production saw an increase.

On a monthly basis, industrial production was down 0.9%.

On a monthly basis, the mining and quarrying index dropped 0.9% and the manufacturing index fell 1.0%, while the electricity, gas, steam, and air conditioning supply index was up 0.5% in April.

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