Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Turkiye
TURPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.90
Year-over-Year Change
79.78%
Date Range
1/1/1985 - 1/1/2023
Summary
This economic trend measures production volume in the Turkish industrial sector, excluding construction. It provides a comprehensive indicator of overall economic activity and is closely monitored by policymakers and analysts.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Turkiye series tracks the monthly changes in industrial production output. It serves as a leading indicator of the health and direction of the Turkish economy.
Methodology
The data is collected through monthly surveys of businesses across the Turkish industrial sector.
Historical Context
This production index is a vital input for assessing Turkey's macroeconomic performance and informing economic policy decisions.
Key Facts
- The base year for this index is 2015.
- Turkey's industrial sector accounts for over 25% of its GDP.
- Production levels have fluctuated in recent years due to global economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly changes in production volume across the Turkish industrial sector, excluding construction. It provides a comprehensive indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a vital economic indicator that helps policymakers and analysts assess the health and direction of the Turkish economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses across the Turkish industrial sector.
Q: How is this trend used in economic policy?
A: This production index is a key input for evaluating Turkey's macroeconomic performance and informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Turkiye (TURPROINDAISMEI), retrieved from FRED.