Turkey’s industrial production declined by 0.80% month-over-month in March 2026, marking a sharp reversal from the 2.60% increase recorded in February 2026. The latest data, updated on 8 May 2026, highlight renewed volatility in the country’s industrial sector after a strong start to the year.
On a month-over-month basis, the March reading compares the change in output relative to February, while the February figure reflects the change versus January. The move from solid positive growth in February to a contraction in March suggests a sudden loss of momentum in industrial activity, which may prompt closer scrutiny from investors and policymakers watching the trajectory of Turkey’s real economy.
