FX.co ★ Turkey’s Industrial Output Slumps 5.3% in August, Deepening July Decline

Turkey’s industrial production fell sharply in August 2026, with output dropping 5.30% month-over-month, according to data updated on 9 October 2026. The decline marks a steep deterioration from July 2026, when industrial production had already slipped by 1.00% compared with the previous month.

On a month-over-month basis, the August reading shows that the downturn in Turkey’s industrial sector has intensified, as the latest “actual” figure is measured against July’s weaker base. By comparison, July’s “previous” value reflected the change from June to July, indicating that the weakness is not a one-off move but part of a deepening negative trend.

The back-to-back contractions signal mounting pressure on Turkey’s manufacturing and broader industrial activity heading into the autumn, with the August data underscoring a notable loss of momentum in the country’s real economy.