01:20

Türkiye's annual Industrial Production Index reaches 2-year high in Feb.

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STORY: Türkiye's annual Industrial Production Index reaches 2-year high in Feb.
SHOOTING TIME: Earlier footage
DATELINE: April 9, 2024
LENGTH: 00:01:20
LOCATION: Ankara
CATEGORY: ECONOMY

SHOTLIST:
1. various of an industrial zone in Türkiye (courtesy of ihlas news agency)
2. various of a factory in Türkiye (courtesy of ihlas news agency)

STORYLINE:

Türkiye's Industrial Production Index grew by 11.5 percent year-on-year in February, the sharpest growth in the past two years, official data showed on Monday.
   
The data revealed significant increases across key sectors, with the mining and quarrying index rising by 12.8 percent, the manufacturing index by 11.9 percent, and the electricity, gas, steam, and air conditioning supply index by 7.7 percent compared to the same period last year.
   
On a monthly basis, the output increased 3.2 percent in February, the strongest growth since March 2023.
   
When examining specific subsectors, the mining and quarrying index saw a 3.2 percent decrease, while the manufacturing and the electricity, gas, steam and air conditioning supply index rose by 3.8 percent and 0.3 percent respectively.

Xinhua News Agency correspondents reporting from Ankara.
(XHTV)

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