Türkiye’s industrial production rises 4.9% in May

High tech output surges 30.6% annually, while consumer goods index drops

By Mucahithan Avcioglu

ISTANBUL (AA) - Türkiye's industrial production expanded 4.9% year-on-year in May, the Turkish Statistical Institute (TurkStat) said Thursday.

Of the 12 sub-sectors measured, 11 posted annual rises, while one declined. The high technology index soared 30.6%, capital goods climbed 12%, and mining and quarrying rose 10% compared to last May.

However, the durable consumer goods index lost 1.7% on a yearly basis.

On a monthly basis, overall industrial production rose 3.1% in May.

Among monthly figures, high technology production surged 25.3%, capital goods rose 8.6%, and the mining and quarrying index gained 5.3%.

Durable consumer goods rose 4.3% and the manufacturing index climbed 3.2% on a monthly basis in May.

Meanwhile, production in electricity, gas, and steam remained stable compared to April.

Kaynak:

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