Türkiye's industrial production improves in January

Türkiye's industrial production increased by 1.1% year-on-year in January, the country's statistical authority TurkStat announced on Tuesday.

All subsectors posted increases in January, with the mining and quarrying index rising by 4.9%, manufacturing index by 0.4%, and the electricity, gas, steam, and air conditioning supply index by 8.4%.

Meanwhile, on a monthly basis, the industrial production has not changed.

The mining and quarrying index increased by 4.3%, manufacturing index decreased by 0.6%, and the electricity, gas, steam and air conditioning supply index increased by 4.6% in January 2024, versus December 2023.