According to data from the Turkish Statistics Institute (TurkStat), the industrial turnover index, an index of revenues collected in industry by firms surveyed, increased by 16.1 percent in February over the same month last year and by 5.3 percent over January.
The figure is the latest in a series of positive figures to be published by the institute recently, highlighting Turkey’s recovery.
When comparing industry subsectors, the mining sector’s revenues grew by 23.3 percent in February compared to the same month of last year. The manufacturing industry also saw a 15.9 percent growth in revenue.
In terms of subgroups, manufacturing of durable goods increased the most, by 32.5 percent in February over the same month of 2009, whereas capital good manufacturing increased by 20.7 percent.
In terms of further subgroups in manufacturing, the greatest increase was seen in motor vehicles, with a 51.3 percent increase in February over the same month of 2009, with textiles following with 30.6 percent.
In this same period, the orders index increased by 21.9 percent, with most of this coming from durable goods orders, which increased by 37.5 percent.
