The calendar-adjusted industrial production jumped 40.7% in May compared to the same month last year, according to the Turkish Statistical Institute (TurkStat).
The improvement in the base effect was especially backed by the sub-index of the manufacturing sector, data from TurkStat showed.
The manufacturing index soared 42.8% year-on-year in May, while the mining and quarrying index shot up 33.4%.
The electricity, gas, steam, and air conditioning supply index also climbed 20.9% during the same period.
Meanwhile, on a monthly basis, industrial production rose 1.3%.
The term “calendar-adjusted” is used to refer to data where calendar and holiday-originating effects are removed.
