Turkey Industrial Production

Industrial production in Turkey rose 2.2% year-on-year in February 2026, rebounding from an upwardly revised 1.9% decline in January. Output recovered in manufacturing (2.4% vs -2.6% in January), notably chemicals and chemical products (1.7% vs -1.7%), non-metallic mineral products (7.3% vs -10%), basic metals (3% vs -0.5%), and other transport equipment (58.4% vs -1.6%). Production growth also accelerated for coke and refined petroleum products (6.3% vs 5.3%). Output in mining and quarrying also rebounded by 4.1%, following a 2.5% drop in January, driven by higher production of metal ores (2% vs -10.7%) and other mining and quarrying (12.7% vs 0.3%). Meanwhile, activity declined for electricity, gas, steam, and air-conditioning supply (-2.2% vs 5.6%). On a monthly basis, industrial output rose 2.6%, rebounding from an upwardly revised 2.9% decline in January and marking the strongest growth since May 2025.

Industrial production in Turkey fell 1.8% year-on-year in January 2026, easing from a 2.1% drop in December. Manufacturing output (-2.5% vs -2.7% in December) declined at a slower pace, driven by manufacture of food products (-2.6% vs -6.8%), machinery and equipment nec (-9.2% vs -6.5%), and other transport equipment (-2.8% vs -9.3%). Overall production was also supported by higher output in electricity, gas, steam, and air-conditioning supply (5.6% vs 2.4%). In contrast, production dropped in mining and quarrying (-2.8% vs 2%), particularly in crude petroleum and natural gas extraction (-2.1% vs 6%) and other mining and quarrying activities (-0.8% vs 18.3%). On a monthly basis, industrial activity tumbled 2.8%, reversing a 1.2% rise in December 2025.

Industrial production in Turkey shrank 2.1% year-on-year in December 2025, reversing a downwardly revised 2.2% expansion in the previous month and marking the first annual decline since February. The setback was largely driven by manufacturing, where output fell after posting nine consecutive months of growth (-27% vs 2.5% in November). In contrast, mining and quarrying activity strengthened further (1.9% vs 0.5%), while electricity, gas, and air-conditioning supply rebounded (2.4% vs -2.0%). On a monthly basis, industrial output increased by 1.2%, though the pace moderated from November’s 2.5% gain, which had been the strongest monthly rise in six months.