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Industrial production decreased 31 4 percent year on year in april following a 1 7.
Turkey industrial production. That said the growing threat of us sanctions poses a significant downside risk to economic activity. Turkey industry industrial output growth eases in february. Industrial production decreased 2 0 year on year in march february.
Industrial production mom in turkey averaged 0 35 percent from 1986 until 2020 reaching an all time high of 16 70 percent in february of 1991 and a record low of 30 40 percent in april of 2020. Industrial production in turkey both seasonal and calendar adjusted expanded in december by 1 9 mom showing economic activity continues to recover. The industrial production index is an indicator that measures real output for a specific industry or combination of industries within a region.
More than 60 billion chickens are killed for consumption annually. The strict and prolonged age specific containment measures in turkey have both reduced infection death rates and enabled less strict restrictions for the lower risk groups. If finds that the targeted containment measures appear to have helped reduce a.
March s result marked the worst reading since august 2019. This page provides the latest reported value for turkey industrial production mom plus previous. Turkey s industrial production plummeted 31 4 percent from a year earlier in april of 2020 following a downwardly revised 1 7 percent decrease in the prior month and beating market expectations of a 17 percent slump.
Machinery and equipment automotive and food were the top contributors to the monthly manufacturing performance while coke and refined petroleum products were the major drags. Industrial production expanded 7 5 year on year in february on a calendar adjusted basis slightly down from january s revised 7 7 increase previously reported. Turkish industrial production and retail sales declined sharply in april data from turkstat showed on friday.
It was the worst downturn in industrial activity since available records began in january of 1986 as many factories halted operations due to the covid 19 crisis. The print reflected a notable drop in mining and quarrying output growth as manufacturing and. Poultry farming is the form of animal husbandry which raises domesticated birds such as chickens ducks turkeys and geese to produce meat or eggs for food poultry mostly chickens are farmed in great numbers.
Meanwhile annual average growth of industrial production was stable at 1 8 in march. Industrial continue reading turkey industrial.
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