Turkey’s industrial production, retail sales increase in Nov
by ChemOrbis Editorial Team - content@chemorbis.com
According to data from the Turkish Statistical Institute (TUIK), Turkey’s November industrial production increased by 1.3% on the month and 11% on the year. Retail sales were also up both on a monthly and yearly basis in November.
When the subsectors of the industry were examined, mining and quarrying index increased by 0.3%, while manufacturing index gained 1.5% in November. Electricity, gas, steam and air conditioning supply index edged down by 0.1% when compared with the same month of the previous year.
On an annual basis, mining and quarrying index increased by 4.6%, manufacturing index increased by 11.6% and electricity, gas, steam and air conditioning supply index increased by 7.5% in November 2020.
In November, retail sales volume saw a yearly increase of 11.9%. Compared with November 2019, and food, drinks and tobacco sales increased by 11.4%, non-food (except automotive fuel) sales increased by 13.8%, and automotive fuel sales were up by 7.5%.
Retail sales volume was up by 2.2% in November from a month earlier. Non-food (except automotive fuel) sales increased by 4.3% and automotive fuel sales rose by 1.7% on a monthly basis. On the other hand, food, drinks and tobacco sales were down by 1.3% in November.
When the subsectors of the industry were examined, mining and quarrying index increased by 0.3%, while manufacturing index gained 1.5% in November. Electricity, gas, steam and air conditioning supply index edged down by 0.1% when compared with the same month of the previous year.
On an annual basis, mining and quarrying index increased by 4.6%, manufacturing index increased by 11.6% and electricity, gas, steam and air conditioning supply index increased by 7.5% in November 2020.
In November, retail sales volume saw a yearly increase of 11.9%. Compared with November 2019, and food, drinks and tobacco sales increased by 11.4%, non-food (except automotive fuel) sales increased by 13.8%, and automotive fuel sales were up by 7.5%.
Retail sales volume was up by 2.2% in November from a month earlier. Non-food (except automotive fuel) sales increased by 4.3% and automotive fuel sales rose by 1.7% on a monthly basis. On the other hand, food, drinks and tobacco sales were down by 1.3% in November.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP, PE already back to 2020 lows in China; prices poised for further drops
- Local PE prices remain bearish, nearing multi-year lows across SE Asia
- European PP, PE buyers sideline ahead of further drops in June
- China’s April PE imports fall to around 1 million tons, lowest since 2018
- Vietnam’s polymer markets buckle under an influx of Chinese cargoes
- Divergence grows between Egypt’s import and local PP, PE markets
- PP markets in China, Vietnam hit 3-year lows, readying to test new lows
- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?
