Industrial production in April rose in Turkey compared to same month last year, leaving Euro region behind with an increase of 3.4 %.
In April, Turkey left 25 countries of European Union and whole Euro region behind, where a decline of 0.8 percentage in EU and 0.3 % decrease in Euro region took place. Inactivity continued in European industry production of April, where it rose 0.3 % on a monthly basis but receded 0.8 % on a yearly basis, according to the data AA compiled from Eurostat and Turkish Statistical Institute (TurkStat).
Turkish industrial production grew 1.3 % in April compared to March and 3.4 % compared to last year’s April. Biggest economy of Europe Germany’s industrial production increased 1.2 %, whereas France with 0.1%, Italy with 4.6, Spain with 1.8 and Britain with 2.6 % decreased.
Amongst the EU countries, in which industrial production on yearly basis increased most, were Romania with 12.6 % and Lithuania with 5 %. On monthly basis, most industrial production increased in Norway with 5.4 %, Ireland with 3%, France with 2.3 and Romania with 1.9 %. Turkey was 5th with an increase of 1.3 %.
On yearly basis in EU countries, Finland became the country with most decrease in industrial production. Finland with a percentage of 10.2, Norway with 5.3 % and Italy with 4.6 % regressed in industrial production. Most declining countries on monthly basis were Norway with 5.1 %, Netherlands with 4.3 % and Portugal with 3.6 %.
April’s industrial production index rates are as following: Monthly Basis Yearly Basis
Euro Zone 0.4 -0.6
EU 0.3 -0.8
Romania 1.9 12.6
Lithuania -3.3 5
Turkey 1.3 3.4
Bulgaria 1.1 -1.3
Czech Republic -0.7 -3.4
Denmark 0.7 0.1
Germany 1.2 1.2
Esthonia -3.3 2.7
Ireland 3 0.4
Greece -0.2 -2
Spain -0.9 -1.8
France 2.3 -0.1
Italy -0.3 -4.6
Latvia 0.5 -1
Malta -2.2 -0.8
Netherlands -4.3 0.2
Poland 0.8 -0.9
Portugal -3.6 1.8
Slovenia 1.1 -1.1
Finland -5.1 -10.2
Sweden -1.1 -1.6
Britain 0.1 -2.6
Norway 5.4 -5.3
Croatia -1.5 -0.5
