Evaluating the industrial production figures, Nilüfer Çevikel, Chairman of the Board of Demirtaş Organized Industrial Zone Industrialists and Businessmen Association (DOSABSİAD), said; “Industrial production has increased depending on Turkey's production ability, especially due to the recent slowdown in production in countries with strong industries. In addition, the fact that economic development is based on exports and that a large part of the business world, including SMEs, is oriented towards exports has had a significant impact on the increase.”
MANUFACTURING SECTOR KEPT PRODUCTION ALIVE
When the sub-sectors of the industry are examined, in February the mining and quarrying sector index increased by .8 percent compared to the same month of the previous year, the manufacturing industry index increased by 11,9 percent and the electricity, gas, steam and air conditioning production and distribution sector index increased by 7,7 percent. . On a monthly basis, seasonal and calendar adjusted industrial production increased by 3,2 percent in February compared to the previous month. When the sub-sectors of the industry are examined, the mining and quarrying sector index decreased by 3,2 percent in February compared to the previous month, while the manufacturing industry sector index increased by 3,8 percent, and the electricity, gas, steam and air conditioning production and distribution sector index increased by 0,3 percent.
“PRODUCTION CAPABILITY OF TURKISH INDUSTRY IS REFLECTED IN THE FIGURES”
Drawing attention to the production capability of Turkish industrialists in industrial production, DOSABSİAD Chairman Nilüfer Çevikel said; “At every point where the global economy deteriorates, inflation increases and the supply chain is disrupted due to force majeure, the Turkish Industry's production ability is reflected in the figures as a growth rate. In February, we encountered a new growth figure after last year's record increases. Moreover, in such a difficult period when loans cannot be found, supports are postponed and exchange rate risk is experienced. This shows that when this economic fluctuation in the world ends, the leap in our country's production, together with exports, will take the economy to the point we want and desire. For this reason, it is hopeful that we are still moving with a positive and growing momentum against strong economies that are accustomed to encountering negative figures in such periods.”
