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2 good news from the economy

Export quantity index increased by 10.8 percent in August compared to the same month of the previous year. The industry turnover index increased by 26.6 per cent compared to the same month of the previous year.

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2 good news from the economy

Turkish Statistical Institute (TURKSTAT) announced its foreign trade indices and industry turnover index in August of 2017.

Export Unit value Index increased by 1.4 percent in August compared to same month of previous year. According to same month of previous year, index decreased by 4.8 percent in food, beverage and tobacco, while raw materials (excluding fuel) increased by 4.5 percent, 12.8 percent in fuels and 2 percent in manufacturing industry (excluding food, beverage, tobacco). Import Unit Value Index in August previous Compared to same month of year, 7.4 percent increased. According to same month of previous year, index decreased by 3.9 percent in food, beverage and tobacco, with 10.9 percent in raw materials (excluding fuel), 21.8 percent in fuels and 3.5 percent in manufacturing industry (excluding food, beverage, tobacco).

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  • Export quantity index increased by 10.8 percent in August compared to same month of previous year. According to same month of previous year, index increased by 8 percent in food, beverage and tobacco, 16.7 percent in raw materials (excluding fuel), 21.7 percent in fuels and 9.5 percent in manufacturing industry (excluding food, beverages, tobacco).

The import quantity index increased by 7.4 percent in August compared to same month of previous year. According to same month of previous year, index increased by 7 percent in food, beverage and tobacco, 6.8 percent in raw materials (excluding fuel), 12.3 percent in fuels and 2.7 percent in manufacturing industry (excluding food, beverages, tobacco).

Seasonal and calendar effects according to greenhouse; 2017 in July 143.4, export quantity index increased by 5.5 percent, 2017 in August was 151.3. According to series that are free from calendar effects; 2016 in August was 129.1 in August, 2017 increased by 12.7 percent of export quantity index.

Seasonal and calendar effects according to greenhouse; 2017 in July 148.6, import quantity index decreased by 3.7 percent, 2017 was in August 143. According to series that are free from calendar effects; 2016 in August was 127.4 in August, 2017 increased by 8.6 percent of import quantity index.

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The Export unit value index was calculated by dividing import unit value Index and foreign trade had been obtained as 113.1 in August of 2016, reducing 6.4 points, 2017 year was 106.7 in August.

Industry turnover index increased by 26.6 percent in August

  • The sub-sectors of industry, which are free from calendar effect (2010 = 100 Basic years) are examined; In August 2017, according to same month of previous year, mining and quarrying industry index increased by 25.1 percent and manufacturing industry index was 26.6 percent.

The sub-sectors of industry (2010 = 100 Basic Years) are examined by seasonal and calendar effects; In August 2017, according to previous month, mining and quarrying industry index increased by 2.5 percent and manufacturing industry index was 0.8 percent.

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