Turkey's industrial production increased by 8.1 percent from a year earlier in September 2020, following an upwardly revised 10.6 percent growth in the previous month. It was the fourth straight month of expansion in production, as the economy continued to recover from the pandemic shock. There were increases in production of intermediate goods (10.9 percent vs 13.7 percent in August), durable consumer goods (16.2 percent vs 12.9 percent), capital goods (10.4 percent vs 10.5 percent), and non-durable consumer goods (2.4 percent vs 9.5 percent). In addition, energy production grew by 2.5 percent, the first expansion since February. On a monthly basis, industrial output rose by 1.7 percent in September. source: Turkish Statistical Institute

Industrial Production in Turkey averaged 4.94 percent from 1986 until 2020, reaching an all time high of 27.30 percent in October of 2005 and a record low of -31.30 percent in April of 2020. This page provides the latest reported value for - Turkey Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Industrial Production in Turkey is expected to be -2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Turkey to stand at 2.90 in 12 months time. In the long-term, the Turkey Industrial Production is projected to trend around 5.40 percent in 2021 and 3.60 percent in 2022, according to our econometric models.

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Turkey Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
8.10 10.60 27.30 -31.30 1986 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-14 07:00 AM Jun 0.1% -19.4% 1.1% -12.7%
2020-09-14 07:00 AM Jul 4.4% 0.4% 3% 1.8%
2020-10-13 07:00 AM Aug 10.4% 4.5% 5.1%
2020-11-13 07:00 AM Sep 8.1% 10.6% 7.2%
2020-12-14 07:00 AM Oct 8.1%
2021-01-14 07:00 AM Nov
2021-02-12 07:00 AM Dec
2021-03-12 07:00 AM Jan


News Stream
Turkish Industrial Output Grows for 4th Month
Turkey's industrial production increased by 8.1 percent from a year earlier in September 2020, following an upwardly revised 10.6 percent growth in the previous month. It was the fourth straight month of expansion in production, as the economy continued to recover from the pandemic shock. There were increases in production of intermediate goods (10.9 percent vs 13.7 percent in August), durable consumer goods (16.2 percent vs 12.9 percent), capital goods (10.4 percent vs 10.5 percent), and non-durable consumer goods (2.4 percent vs 9.5 percent). In addition, energy production grew by 2.5 percent, the first expansion since February. On a monthly basis, industrial output rose by 1.7 percent in September.
2020-11-13
Turkish Industrial Output Grows the Most in 2-1/2 Years
Turkey's industrial production rose by 10.4 percent from a year earlier in August 2020, following an upwardly revised 4.5 percent growth in the previous month. It was the biggest increase in output since January 2018, as the economy continued to recover from the pandemic shock. There were advances in production of intermediate goods (13.6 percent vs 6.0 percent in July), durable consumer goods (12.6 percent vs 19.6 percent), capital goods (10.3 percent vs 1.8 percent), and non-durable consumer goods (9.1 percent vs 3.3 percent). Meanwhile, energy production dropped by 0.8 percent, the sixth consecutive month of contraction. On a monthly basis, industrial output rose by 3.4 percent in August.
2020-10-13
Turkish Industrial Output Growth Beats Forecast
Industrial production in Turkey rose 4.4 percent year-on-year in July of 2020, following an upwardly revised 0.4 percent increase in the previous month and beating market expectations of a 3 percent gain. Output advanced faster for intermediate goods (6 percent vs 2.5 percent in June); non-durable consumer goods (3.1 percent vs 2.6 percent) and capital goods (1.5 percent vs 0.7 percent). In addition, production of durable consumer goods rebounded (19.2 percent vs -12.6 percent). On the other hand, energy output continued to fall (-1.3 percent vs -8.9 percent). On a monthly basis, industrial output climbed 8.4 percent, after a 17.8 percent jump in June.
2020-09-14
Turkish Industrial Output Rebound Below Expectations
Turkey's industrial production increased by 0.1 percent from a year earlier in June 2020, following two months of record contractions and missing market expectations of 1.1 percent growth, as the economy reopened following weeks of coronavirus-induced lockdown. Output was higher for non-durable consumer goods (2.2 percent), intermediate goods (2.0 percent) and capital goods (0.4 percent). However, there was a fall in the production of durable consumer goods (-13.4 percent) and energy (-8.2 percent). On a monthly basis, industrial output jumped 17.6 percent, after a 18 percent climb in May.
2020-08-14

Turkey Industrial Production
In Turkey, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 84 percent of total production. The biggest segments within Manufacturing are: Food products (16 percent of total production); basic metals (11 percent); motor vehicles, trailers and semi-trailers (9 percent); textile (8 percent); other non-metallic mineral products (6 percent); rubber and plastic products (5 percent); chemicals and chemical products (5 percent); electrical equipment (5 percent); wearing apparel (5 percent); and fabricated metal products (5 percent).