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Türkiye’s industrial production rose 7.1% year-over-year in August, driven by strong gains in capital and technology-intensive manufacturing, the Turkish Statistical Institute (TurkStat) said Thursday.
Of the 12 sub-sectors measured, 11 recorded annual increases while one declined.
The capital goods index jumped 21% from a year earlier, followed by medium-high technology, which rose 19%, and high technology, up 8.5%. The only sector to post a decline was durable consumer goods, which fell 4.6% on the year.
On a monthly basis, total industrial production expanded 0.4% in August. Six sub-sectors posted increases, while six recorded declines.
Medium-high technology production rose 4.4% month-over-month, non-durable consumer goods gained 1.9%, and medium-low technology output increased 1.2%.
In contrast, the high technology index plunged 16.3%, electricity, gas and steam production dropped 2.5%, and energy output fell 1.4% on a monthly basis.
The World Bank said Türkiye is expected to remain the main driver of economic expansion in its region over the coming years, raising its 2025 growth forecast for the country to 3.5% from 3.1% in its latest Europe and Central Asia Economic Update.
The bank also projects Türkiye’s economy to grow 3.7% in 2026 and 4.4% in 2027, citing sustained domestic demand and rising employment.
“Türkiye’s strong labor market and continued consumer demand are helping sustain regional resilience despite slowing global growth,” the World Bank said.
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