Industrial production increases 11.7% in January
Posted by meb at March 10th, 2008
Monthly industrial production in Turkey grew by 11.7 percent in January compared to the same month last year, according to the 2008 January Industrial Production Index released yesterday by the Turkish Statistics Institute (TurkStat).
In industrial sub sectors, the entire mining sector increased by 7 percent while utilities and manufacturing rose by 12.4 percent and 11.7 percent, respectively, in January compared to the same period last year. The mining sector and manufacturing sector as well as the utilities sector grew by 16.5 percent, 15.5 percent and 11.4 percent, respectively, in the same month of 2007. Thus, in comparison, production still grew in January of this year, but at a lower rate. The highest increase in production in January was seen in the transportation equipment (containers, flatbeds, etc.) manufacturing sector, with a 78.8 percent rise in January of this year compared to the same month last year. Production of motor vehicles increased by 26.1 percent, while the metals mining sector grew by 21.8 percent in January. Black coal and lignite mining rose by 19.9 percent each as furniture manufacturing grew by 17.6 percent in the same period.
source: Today’s Zaman
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