Turkey's industrial productivity rises in Q4

Turkey's industrial productivity rises in Q4
  • Clock-gray 14:14
  • calendar-gray 11 March 2021

Turkey’s industrial productivity rose 2.3% year-on-year last October to December, the Industry and Technology Ministry said on Thursday, APA reports citing Anadolu Agency.

The calendar-adjusted index of production per person employed stood at 130.7 in the fourth quarter of 2020, rising from 114.09 in the third quarter, according to official figures.

At 5.2%, the highest annual increase in the October-December period was in the electricity, gas, steam, and air conditioning supply sector.

Productivity shot up 2.4% in the manufacturing sector and 1.5% in the mining and quarrying sector.

Among industrial groupings, the highest yearly productivity increase was in durable consumer goods at 3.9%, while the biggest fall was 0.5% in capital goods.

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