Public Relations Department of Monetary and Banking Research Institute, in the summary of the executive report, states: After the slowdown of the industrial production index of TSE listed companies in July and August, which kept the growth in the range of zero percent (compared to the same period last year), the growth of this index in September (compared to the same period last year) has slightly improved and reached 1.9 percent.
Restrictions on electricity supply for the cement and steel industries in September also led to negative growth in the production index of these industries. So that the basic metals and non-metallic minerals industry have experienced negative growth of 1.5 and 2.4 percent, respectively, compared to the same period last year. Of course, the negative growth that these industries experienced in July and August was less. In addition, the decline in inventory in the basic metals industry indicates that demand for the industry's products has exceeded their production.
In September, the chemical industry, similar to recent months, had a production growth of close to zero. However, the sales of this industry in recent months have been less than its production, which has led to an increase in inventory in this industry. The motor vehicles industry also maintained its production growth of more than 10 %(compared to the same period last year), and sales growth in this industry was higher than production growth.
Download the full report here.