ANKARA – May 2025 | Türkiye’s Minister of Treasury and Finance Mehmet Simsek announced that the recovery in industrial production, which began in the last quarter of 2024, continued into the first quarter of 2025. He shared this development via his official social media account, emphasizing resilience and a forward-looking industrial strategy.
“The recovery in industrial production that started in the last quarter of last year continued into the first quarter of this year. Quarterly production increased by 1.8%, while the calendar-adjusted annual rise was 0.7%,” Simsek stated.
Industrial Production Resilient Despite Global Uncertainty
Simsek acknowledged ongoing global economic uncertainties and protectionist trends but expressed confidence in Türkiye’s industrial resilience, attributing it to structural advantages and supportive policy tools.
“Despite uncertainties in the global economy and rising protectionism, the structure of our economy, our advantages in foreign trade, low commodity prices, and strong policy support are helping maintain resilience in production and exports,” he noted.
Technology and Environment-Driven Transformation Ahead
Simsek also underscored the government’s commitment to transforming Türkiye’s industry with a focus on technology and sustainability to enhance global competitiveness.
“We will improve our competitiveness by transforming our industry to be technology- and environment-oriented,” he concluded.
Source: Foreks/ Prepared by: İlayda Gök