Turkey’s industrial production expanded by 10.8 percent year-on-year in April of 2022, quickening from an upwardly revised 9.8 percent increase in the previous month and well above market expectations of a 7.95 percent rise. Among sub-sectors, output rose the fastest in production of non-durable consumer goods (18.4 percent vs 16.4 percent); followed by capital goods (13.2 percent vs 4.9 percent); intermediate goods (8.1 percent vs 9.0 percent); durable goods (5.8 percent vs 7.8 percent); and lastly, energy (2.4 percent vs 6.1 percent). On a seasonally adjusted monthly basis, industrial production was unchanged from the previous month, after contracting by 1.7 percent in the prior period. source: Turkish Statistical Institute

Industrial Production in Turkey averaged 5.43 percent from 1986 until 2022, reaching an all time high of 66 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 2022.

Industrial Production in Turkey is expected to be 4.40 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 3.20 percent in 2023, according to our econometric models.

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Turkey Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 07:00 AM Mar 9.6% 13.3% 6.5% 7.5%
2022-06-13 07:00 AM Apr 10.8% 9.8% 7.95% 6.5%
2022-07-14 07:00 AM May 10.8%


Related Last Previous Unit Reference
Industrial Production Mom 0.00 -1.80 percent Apr 2022
Industrial Production 10.80 9.60 percent Apr 2022
Manufacturing Production 11.89 10.82 percent Apr 2022
Changes in Inventories 223056356.20 89839053.90 TRY THO Mar 2022
Car Registrations 112709.00 118974.00 May 2022
Mining Production 7.36 3.05 percent Apr 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
10.80 9.60 66.00 -31.50 1986 - 2022 percent Monthly

News Stream
Turkey Industrial Production Beats Market Forecasts
Turkey’s industrial production expanded by 10.8 percent year-on-year in April of 2022, quickening from an upwardly revised 9.8 percent increase in the previous month and well above market expectations of a 7.95 percent rise. Among sub-sectors, output rose the fastest in production of non-durable consumer goods (18.4 percent vs 16.4 percent); followed by capital goods (13.2 percent vs 4.9 percent); intermediate goods (8.1 percent vs 9.0 percent); durable goods (5.8 percent vs 7.8 percent); and lastly, energy (2.4 percent vs 6.1 percent). On a seasonally adjusted monthly basis, industrial production was unchanged from the previous month, after contracting by 1.7 percent in the prior period.
2022-06-13
Turkish Industrial Output Growth Eases in March
Turkey’s industrial production grew by 9.6 percent year-on-year in March of 2022, easing from a 13.3 percent expansion in the previous period but above market expectations of a 6.5 percent rise. Output eased for both durable (7.4 percent vs 11.8 percent in February) and non-durable consumer goods (16.1 percent vs 19.0 percent). On top of that, production rose at a softer pace for capital goods (4.6 percent vs 13.3 percent), intermediate goods (8.9 percent vs 11.9 percent), and energy (6.2 percent vs 7.0 percent). On a seasonally adjusted monthly basis, industrial production declined by 1.8 percent, following a 4.4 percent gain in the prior period.
2022-05-13
Turkish Industrial Output Grows More than Expected
Turkey’s industrial production grew by 13.3 percent year-on-year in February of 2022, picking up from a 7.6 percent expansion in the previous period and above market expectations of a 9.2 percent rise. Output accelerated for both non-durable (18.9 percent vs 9.5 percent in January), and durable (11.9 percent vs 2.8 percent) consumer goods, capital goods (13.3 percent vs 9.1 percent), intermediate goods (11.9 percent vs 7.2 percent), and energy (6.9 percent vs 6.5 percent). On a seasonally adjusted monthly basis, industrial production rose by 4.4 percent, rebounding from the upwardly revised 2.4 percent contraction in the prior month.
2022-04-12