Page 23 - TURKRptNov21

4.0 Real Economy 4.1 Industrial production
Turkey: Production indicators
y/y, %
Q1-20
Q2
Q3
Q4
2020
Q1-21
Q2
Jul
Aug
Sep
Q3
Oct
Nov
Dec
Q4
2021
Official GDP Growth
4.4
-10.4
6.3
6.2
1.8
7.2
21.7
Electricity Consumption
3.3
-11.5
3.6
4.5
0.2
5.7
25.8
11.7
17.9
4.5
11.5
Employed (active, mn)
25.1
20.8
25.2
25.1
24.1
25.8
26.6
Industry (≈20% of GDP)
7.5
-15.9
8.1
12.1
3.1
11.7
40.5
Industrial Production Index (unadjusted)
5.7
-16.6
8.5
10.2
2.2
11.3
40.4
-1.4
19.9
Vehicle Production
-4.8
-51.6
5.4
11.3
-10.0
3.5
68.1
-43.2
40.2
-23.5
-15.2
Crude Steel Production
9.6
-16.8
16.3
16.1
6.0
9.5
35.3
2.5
7.1
2.4
5.8
White Goods Production
0.0
-26.5
15.4
24.8
3.5
36.5
63.1
-24.1
11.6
1.0
-4.4
23 TURKEY Country Report November 2021 www.intellinews.com