Industrial production in Turkey was unchanged year-on-year in May 2026, following a marginally revised 6.1% increase in the previous month, which marked the strongest annual growth since August 2025. Manufacturing output, the largest component, slowed sharply (0.3% vs 6.9% in April), weighed down by weaker production of tobacco products, wearing apparel, leather and related products, printing, and coke and refined petroleum products. Also, growth in electricity, gas, steam, and air-conditioning supply eased (1.0% vs 1.8%). Meanwhile, the decline in mining and quarrying activity deepened (-5.0% vs- 2.8%), weighing on overall industrial performance. On a monthly basis, industrial production fell 2.9%, reversing from a marginally revised 3.8% gain in April, suggesting momentum softened after the previous month's strong rebound. source: Turkish Statistical Institute
Industrial Production in Turkey decreased 0 percent in May of 2026 over the same month in the previous year. Industrial Production in Turkey averaged 5.05 percent from 1986 until 2026, reaching an all time high of 66.80 percent in April of 2021 and a record low of -31.50 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 July of 2026.
Industrial Production in Turkey decreased 0 percent in May of 2026 over the same month in the previous year. Industrial Production in Turkey is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Industrial Production is projected to trend around 4.80 percent in 2027 and 5.00 percent in 2028, according to our econometric models.