Minister Şimşek's assessment of industrial production: Expectation of recovery

Treasury and Finance Minister Mehmet Şimşek announced that industrial production in September 2026 increased by 2.1 percent on a monthly basis and 2.6 percent on an annual basis.

In his assessment on his social media account, Minister Şimşek stated that industrial production has followed a resilient course despite uncertainties in the global economy. Emphasizing that high-tech production increased by 7.6 percent annually in the January-September period, Şimşek stated that these data are a result of economic policies focused on value-added and productivity.

Stating that moderate growth in the economy continues despite weak demand from trading partners, Şimşek predicted that the production outlook will strengthen in the coming period with the improvement of global demand and financial conditions. The Ministry reported that support and structural transformation steps that will increase production capacity, value-added, and productivity in the industry will continue.