Turkey - Industrial Production





Turkey: Industrial Production

Mnemonic IP.ITUR
Unit Index 2015=100, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Monthly 1.63 %
Data Dec 2022 144.2
Nov 2022 141.89

Series Information

Source Turkish Statistical Institute (Turkstat)
Release Industrial Production
Frequency Monthly
Start Date 1/31/1985
End Date 12/31/2022

Turkey: Business

Reference Last Previous Units Frequency
Business Confidence Dec 2022 97.51 97.43 Index long term avg=100, SA Monthly
Industrial Production Dec 2022 144.2 141.89 Index 2015=100, CDASA Monthly
Real Change in Inventories 2017 -29,123,173,000 -39,760,229,000 NCU Annual
Change in Inventories 2017 Q1 -7,596,894,123 -20,995,989,442 TRL, NSA Quarterly

Release Information

For Turkiye, industrial production indexes, by activity (NACE Rev. 1.1 and Rev. 2), monthly from 1999. The industrial production index is an indicator that measures real output for a specific industry or combination of industries within a region.

The PPI and IPI are both based on turnover. The IPI removes the effect of price changes, i.e., it is a volume index.

Active:

  • Framework: EU
  • Classification:
    • Taxonomy: NACE Rev. 2
    • Scope: Sections B to E
  • Measurement: Fixed-base index relative to 2021 (Index 2021=100)
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA)
    • Calendar day adjusted (CDA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: Uniformly 2005m1

Predecessors:

  • 2015=100 - 2005m1 to 2023m12 ("_15")
  • 2010=100 - 2005m1 to 2017m12 ("_10")
  • 2005=100 - 2005m1 to 2012m12 ("_05")
  • 1997=100 - 1999m1 to 2008m10 ("97")

Global concept aliases:

  • IP.ITUR

A chained Laspeyres index is used.

Moody's Analytics supplements

We back-extend the general index to 1985m1.

Yes. Revisions are common. Generally, unadjusted series will be revised two months prior when updating the current month. Seasonally adjusted and calendar day adjusted series will be revised three years prior excluding the current year.

Further reading

At the source:

At IMF (SDDS):

  • Sep 2005 - Initial version.
  • Jun 2009 - Rebased to 2005.
  • Mar 2012 - Moody's Analytics back-extension.
  • Mar 2013 - Rebased to 2010.
  • Mar 2018 - Rebased to 2015.
  • 11 Aug 2023, Phillip Thorne - Inserted country name "Turkiye."
  • 24 May 2024, Phillip Thorne - Rebased to 2021: Properties, Moody's Analytics supplements, Further reading.