The Turkish Statistical Institute (TUIK) announced on Monday that industrial production in Türkiye increased by 7.0% on an annual basis in December 2024, reflecting significant growth across key sectors.

According to the TUIK statement, when measuring industrial subsectors using 2021 as the base year , the mining and quarrying index rose by 1.8%, the manufacturing index increased by 6.8%, and the electricity, gas, steam, and air conditioning supply index surged by 11.4% compared to December 2023.

On a month-to-month basis, industrial production grew by 5.0% in December 2024. Detailed analysis of subsectors revealed that the mining and quarrying index increased by 2.2%, the manufacturing index by 5.6%, and the electricity, gas, steam, and air conditioning supply index showed a marginal rise of 0.4% relative to November 2024.

These figures underscore a robust performance in Türkiye's industrial sector, driven by gains in both manufacturing and energy production. Analysts view the growth as a positive indicator of economic resilience amid global uncertainties.

Further details on the factors contributing to these increases and projections for future industrial performance are expected in upcoming TUIK reports. (ILKHA)