TURKSTAT, December Industrial production and unemployment data announced. Following the data, Vice President Cevdet Yılmaz made evaluations.
Social media account said in a statement, increasing production, the unemployment rate continues to decrease Yilmaz, “Thanks to our policies that observe employment, while the level of employment is maintained, the decrease in unemployment rate continues. Strong recovery observed in the production of economic balancing, strengthening our export perspective,” he said.
Yılmaz continued as follows:
“Seasonally corrected unemployment rate decreased by 0.1 points to 8.5 percent in December 2024. While the employment of women increased, the unemployment rate decreased by 0.3 points compared to last month.
The increase in the industrial sector continues to strengthen. The industrial production index increased by 7 percent annually in December 2024, while the monthly increase was 5 percent.
The acceleration of the increase in industrial production and the continuation of the decrease in unemployment rate reveals the effectiveness of the economic policies we implement.
On the one hand, inflation rates on the basis of the annual basis, on the other hand, production and export -oriented progress are achieved. In addition to these developments, our policies that envision to increase technological transformation in the industry, value -added production and increase exports will bring permanent improvement in our current account deficit.
We will continue our development with a balanced, inclusive and stable growth approach and increase permanent social welfare. “