FX.co ★ Turkey Industrial Output Rebounds Strongly

Industrial production in Turkey increased by 6.0% year-on-year in April 2026, reversing a 1.1% decline in March and marking only the second annual rise so far this year. It was also the fastest pace of growth since August 2025. The rebound was led by manufacturing output, which expanded by 6.8% after contracting 1.3% in the previous month. At the same time, the downturn in mining and quarrying moderated, with output falling 2.8% compared with a 5.6% drop in March. In contrast, growth in the supply of electricity, gas, steam, and air conditioning slowed sharply to 1.8% from 5.8%. On a monthly basis, overall industrial production rose 3.7%, recovering from a 0.8% decline in March and posting its strongest month-on-month gain since December 2024.