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Industrial Production Index
Industrial Production Index
Industrial Production Index - Period : October 2017
Industrial production increased by 7.3% compared with same month of previous year
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Seasonal and Calendar Adjusted Indicators - Period : October 2009
In October, Calendar Adjusted Monthly Industrial Production Index decreased by 1.4% compared to the same month of the previous year, Seasonal and Calendar Adjusted Monthly Industrial Production Index increased 3.2% compared to the previous month
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Monthly Industrial Production Index - Period : October 2009
Monthly Industrial Production Index in October 2009 increased by 6,5% compared to same month in previous year and by 13,7% compared to previous month.
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Seasonal and Calendar Adjusted Indicators,Monthly Industrial... - Period : September 2009
Calendar Adjusted Monthly Industrial Production Index decreased by 8.4% compared to the same month of the previous year, Seasonal and Calendar Adjusted Monthly Industrial Production Index decreased 0.3% compared to the previous month.
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(Corrected) Monthly Industrial Production Index - Period : December 2008
Monthly Industrial Production Index decreased by 17,6% in December of 2008 compared to the same month of 2007.
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Monthly Industrial Production Index(2005=100) - Period : October 2008
Monthly Industrial Production Index decreased by 7,2% in October of 2008 compared to the same month of 2007
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Statistical Tables and Dynamic Search
Analytical Framework, Concepts, Definitions, and Classifications
Monthly Industrial Production Index is calculated to measure the evolution of economy and the positive and negative effects of economical political decisions in short term.
Scope of the Data
Whole country (Turkey) is covered.
Manufacturing industry (B), Mining and Quarrying Sector (C) and
Steam and Air Conditioning Supply
classified in NACE Rev.2 are covered.
07.21, 35.12, 35.13, 35.14, 35.2, 35.3 and 38 sectors of NACE Rev.2 are not covered.
Reference period and frequency:
Feature of variables:
Quantity of production:
It is the quantity of production which is produced either in the enterprise or produced in another enterprise by giving raw material of the enterprise in the consistent month. The subcontracting by using other enterprises raw materials is not included.
Value of Production:
It is the value of production which is produced either in the enterprise or produced in another enterprise by giving raw material of the enterprise in the consistent month.
Quantity of Sales:
The quantity of sales includes the products which are produced by another enterprise or produced by another enterprise with the raw materials of the enterprise which is included in survey and sales from the stocks of the enterprise and the products given to other departments of the enterprise in the consistent month. The commercial goods sold without any changes on them are not included.
Value of Sales:
The value of sales includes the value of the products (by using unit price) which are produced either in the enterprise or by another enterprise with the raw materials of the enterprise which is included in survey and sales from the stocks of the enterprise and the products given to other departments of the enterprise in the consistent month.
Producer's price received by a producer for a unit of a good including any tax payable or subsidy receivable on the product as a consequence of its sale or use except invoiced VAT, Special Consumption Tax. It also excludes any delivery charges invoiced separately by the producer.
Characteristics of Basic Data Sources
Data used for calculation of the index are collected by “Monthly Industry Production Questionnaire”. The published data is temporary and might be revised.
Type of index:
Laspeyres index method (weighted) with fixed base year is used.
1868 (Prodtr 2010)
Nature of weights:
Weights are obtained from value added data of the enterprises classified in industry sector covered by Annual Business Statistics Survey.
Product weights are obtained from the items which are covered in Monthly Industrial Production Index.
NACE Rev.2 2010=100
Section B-Mining and Quarrying 6.05%
Section C-Manufacturing 81.51%
Section D-Electricity, Gas, Steam and Air Conditioning Supply 12.44%
Total Industry 100.00%
(Main Industrial Groupings) 2010=100
IG-Intermediate goods 37.99%
DCG-Durable consumer goods 4.97%
NCG-Non-durable consumer goods 23.91%
CG-Capital goods 16.46%
NACE Rev.2 (2 DIGIT LEVEL) 2010=100
05-Mining of coal and lignite 28.49%
06-Extraction of crude petroleum and natural gas 17.54%
07-Mining of metal ores 27.94%
08-Other mining and quarrying 26.03%
Section B-Mining and quarrying 100.00%
10-Manufacture of food products 11.72%
11-Manufacture of beverages 1.42%
12-Manufacture of tobacco products 0.97%
13-Manufacture of textiles 8.92%
14-Manufacture of wearing apparel 6.59%
15-Manufacture of leather and related products 0.90%
16-Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 1.52%
17-Manufacture of paper and paper products 2.06%
18-Printing and reproduction of recorded media 1.20%
19-Manufacture of coke and refined petroleum products 1.77%
20-Manufacture of chemicals and chemical products 4.76%
21-Manufacture of basic pharmaceutical products and pharmaceutical preparations 3.06%
22-Manufacture of rubber and plastic products 5.76%
23-Manufacture of other non-metallic mineral products 7.97%
24-Manufacture of basic metals 8.20%
25-Manufacture of fabricated metal products, except machinery and equipment 6.13%
26-Manufacture of computer, electronic and optical products 1.47%
27-Manufacture of electrical equipment 5.79%
28-Manufacture of machinery and equipment n.e.c. 5.21%
29-Manufacture of motor vehicles, trailers and semi-trailers 8.14%
30-Manufacture of other transport equipment 1.77%
31-Manufacture of furniture 2.38%
32-Other manufacturing 1.19%
33-Repair and installation of machinery and equipment 1.10%
Section C-Manufacturing 100.00%
35- Electricity 100.00%
Section D-Electricity, Gas, Steam and Air Conditioning Supply 100.00%
Data collection methods:
Monthly Industrial Production Survey data are provided by businesses
via Web-based data entry program .
Procedures for nonresponse:
Non-responding units are followed up on telephone or by interviewers. When a unit refuses to respond, the unit is reminded of its legal obligation to respond and legal procedure begins.
Information form on revision will be carried out in 2016 for the statistics produced in this scope of this press release can be accessed from the link below.
Treatment of missing data:
In non response situation, change ratios over to the previous month or year are used for imputation.
Verification of processing:
Staff regularly reviews the compilation process comparing the preceding figures.
Seasonal and calendar related effects prevent observing the general tendency of data because of their temporary characteristics. Therefore, identification of seasonal patterns of short term indicators plays crucial role in order to make reliable comparisons between consecutive periods.
Currently, Turkstat carries out the seasonal adjustment of industrial production indexes, using TRAMO-SEATS methodology based on ARIMA (Autoregressive Integrated Moving Average) model estimation developed by the Banco de Espana and also suggested by Eurostat. The software that is used for the application of this method is TRAMO-SEATS for Windows (TSW).
Seasonal Adjustment Process
The process of seasonal and calendar adjustment of Industrial Production Indexes begins at the end of each year with determination of the specification of models of the next year. This specified model structure is kept fixed throughout the year to adjust seasonally and/or calendar effects. At the end of the year, just like the previous year, specification of econometric estimation models for the following year is determined. The identified process repeats itself in a cyclical manner each year.
Total Industrial Production Index, 5 subgroups according to Main Industrial Groupings classification, 3 sections and 29 subdivisions according to NACE Rev.2 classification have been seasonally and calendar adjusted. While 33 subseries of Industrial Production Index contain both seasonal and calendar effects, 1 subseries contain only seasonality.
Direct or Indirect Approach
Seasonally and calendar adjusted figures of total Industrial Production Index, Mining and Quarrying Sector (B), Manufacturing industry (C) and Electricity, Gas, Steam and Air Conditioning Supply (D) sections have been produced by indirect approach. The individual subseries of Industrial Production Index by MIGs and NACE Rev.2 classification are firstly seasonally adjusted and then aggregated to derive seasonally and calendar adjusted totals. The advantages of indirect approach are calculation of contributions to growth from components of main aggregates and retaining additivity.
Seasonal adjustment procedure is subject to revisions over time because of the re-estimation of seasonal component as new observations are added. These revisions are implemented on the data of the last three years excluding the current year.
Adjusted data has been published in 3 different ways.
” data is derived from unadjusted data by removing calendar and holiday originated effects. Calendar adjusted data should be used in comparisons regarding the same month/period of the previous year.
” data is derived from unadjusted data by removing effects originating from seasonal effects. Seasonally adjusted data should be used in comparisons regarding the previous month/period.
- If unadjusted data contains both calendar and holiday, and seasonal effects, “
seasonally and calendar adjusted
” data is derived by removing these effects. Seasonally and calendar adjusted data should be used in comparisons regarding the previous month/period.
The details of data which are disseminated in press release are given below:
1- Monthly Industrial Production Index (2010=100),
2- Calendar adjusted Monthly Industrial Production Index (2010=100),
3- Seasonally and calendar adjusted Monthly Industrial Production Index (2010=100),
4- Calendar Adjusted Percentage Change over the Same Month of the Previous Year,
5- Seasonal and Calendar Adjusted Percentage Change over the Previous Month.
• Consistency with other indicators:
As a part of the review process, the index is compared with industrial turnover index and the data from other organizations.
QUARTERLY INDEX and RATE of CHANGES
Change rates compared with the same quarter of previous year (Annual comparison):
Percentage change of the average of monthly indices which are calculated in current quarter with the average of monthly indices which are calculated in the same quarter of previous year.
Months: April, May, June
Annual change of quarter= (Q2_2013/ Q2_2012)*100-100
Change rates compared with the previous quarter (Quarterly comparison):
Percentage change of the average of monthly indices which are calculated in current quarter with the average of monthly indices which are calculated in previous quarter.
First Quarter Months: January, February, March
Second Quarter Months: April, May, June
Change rates compared with previous quarter= (Q2_2013/Q1_2013)*100-100
Annual Average Change:
Percentage of change of average of monthly indices which are calculated in current year compared with average of monthly indices of previous year.
Months: January, February, March, April, May, June, July, August, September, October, November, December
Annual Average Change=(Y1_2013/Y1_2012)*100-100
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