Türkiye’s industrial production rises 5% annually in July

Türkiye’s industrial production rose by 5.0% year-on-year in July 2025, according to data released by the Turkish Statistical Institute (TurkStat) on Wednesday.
The increase highlights continued annual growth in the country’s manufacturing and energy sectors despite a monthly slowdown.
Breaking down the subsectors, the mining and quarrying index slipped by 0.5% compared with July 2024. Meanwhile, the manufacturing index recorded a 5.5% rise, and the electricity, gas, steam, and air conditioning supply index surged by 5.8% in the same period.
On a monthly basis, however, industrial production decreased by 1.8% compared with June 2025. The mining and quarrying index dropped by 1.5%, manufacturing contracted by 2.3%, while the electricity, gas, steam, and air conditioning supply index bucked the trend, posting a 4.5% increase.
The latest figures suggest that Türkiye’s industrial sector remains resilient on an annual scale, largely driven by manufacturing and energy, while short-term fluctuations reflect ongoing volatility in mining and production activities. (ILKHA)
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The Turkish Statistical Institute (TurkStat) announced Tuesday that Türkiye’s services exports rose by 11% in 2024, reaching 117.2 billion dollars, while services imports increased by 12% to 55.8 billion dollars.
Türkiye’s government on Monday announced its Medium-Term Program (MTP), outlining an ambitious economic roadmap that aims to bring inflation down to single digits by 2027 while ensuring steady growth through 2028.
Mehmet Şah Gültekin, HÜDA PAR Deputy Chairman and Head of Economics, sharply criticized Turkey’s economic policies on Thursday, highlighting the devastating impact of inflation on civil servants and minimum wage earners.