Turkey’s industrial production decreases by 19.9% annually

Industrial production decreased by 19.9% annually in Turkey, the country’s statistical institute announced in a statement on Monday
According to the statement, when the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index decreased by 14.2%, manufacturing index decreased by 20.6% and electricity, gas, steam and air conditioning supply index decreased by 13.3% in May 2020, compared with same month of previous year.
Industrial production increased by 17.4% monthly
When the subsectors of the industry were examined, mining and quarrying index increased by 4.5%, manufacturing index increased by 19.3% and electricity, gas, steam and air conditioning supply index increased by 4.9% in May 2020, compared with previous month. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye’s Minister of Agriculture and Forestry, İbrahim Yumaklı, announced that the country achieved a historic milestone in agricultural production, reaching $74 billion in output for the year 2024—a 7 percent increase from the previous year.
Türkiye’s chocolate industry is savoring sweet success, with exports soaring 61% in the first half of 2025, climbing from $461 million to $743.5 million compared to the same period in 2024.
Turkish Finance Minister Mehmet Simsek on Thursday outlined a positive outlook for inflation, predicting a continued decline in the second half of the year.
Indonesia and Saudi Arabia have signed business agreements worth approximately $27 billion, spanning sectors such as clean energy, petrochemicals, aviation fuel services, healthcare, pharmaceuticals, and health technology.