Production: Industry: Total Industry Excluding Construction for Turkey
TURPRINTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.80
Year-over-Year Change
18.80%
Date Range
1/1/1986 - 7/1/2023
Summary
The 'Production: Industry: Total Industry Excluding Construction for Turkey' series measures the industrial production of Turkey, excluding the construction sector. This metric is a key indicator of the overall health and activity of the Turkish economy.
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
This index represents the production of the Turkish industrial sector, excluding the construction industry. It is a valuable gauge of economic performance, as industry is a major driver of growth and employment in Turkey. Economists and policymakers closely monitor this series to assess the trajectory of the Turkish economy.
Methodology
The data is collected and calculated by the Turkish Statistical Institute using surveys of industrial firms.
Historical Context
This industrial production index is used by analysts and policymakers to inform economic forecasting and decision-making.
Key Facts
- Excludes the construction sector, focusing solely on manufacturing and utilities.
- Published monthly by the Turkish Statistical Institute.
- Used as a leading indicator of broader economic trends in Turkey.
FAQs
Q: What does this economic trend measure?
A: This series measures the industrial production of Turkey, excluding the construction sector. It provides a snapshot of the overall health and activity level of the Turkish industrial economy.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a key indicator of economic performance in Turkey, as the industrial sector is a major driver of growth and employment. Economists and policymakers closely monitor this series to assess the trajectory of the Turkish economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Turkish Statistical Institute using surveys of industrial firms in Turkey.
Q: How is this trend used in economic policy?
A: This industrial production index is used by analysts and policymakers to inform economic forecasting and decision-making in Turkey.
Q: Are there update delays or limitations?
A: The data is published monthly by the Turkish Statistical Institute, with minimal delays.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Turkey (TURPRINTO01IXEBSAQ), retrieved from FRED.