Turkish industry’s productivity up in Q3

The product v ty of Turkey’s ndustry rose 0.57 percent year-on-year n the th rd quarter of 2018, the M n stry of Industry and Technology announced on December 11. Off c al data showed that calendar adjusted ndex of product on per person employed was valued at 110.62 n the July-September per od of

2018 compared to 109.99 n the same per od last year. Among major econom c act v t es, the product v ty rose by 4.60 percent n the m n ng and quarry ng sector, 2.35 percent n electr c ty, gas, steam and a r cond t on ng

supply, and dropped by 0.80 percent n the manufactur ng ndustry. The h ghest ncrease n product v ty was recorded n the manufactur ng other transport equ pment w th an annual h ke of 27.9 percent n the July-September per od. Meanwh le, the b ggest drop n product v ty was seen n the manufactur ng of furn ture w th a 17 percent annual drop. On the ndustr al group ngs s de, the h ghest annual product v ty h ke was seen n energy at 4.48 percent wh le ntermed ate goods posted the b ggest drop, down 2.20 percent year-on-year n the th rd quarter of 2018.