Industrial production signals robust economic growth at the first quarter of 2016

• Industrial production increased at %5,8 (wda) in February compared to the same month of the previous year.
• Non durable consumer goods (%9) and intermediate goods (%7) was decisive in this increase.
• Increase in minimum wage could be effective in this increase.
• Industrial production increased in first two month of Q1 at %5,7.
• Leading indicators signal that ındustrial production will smooth in April.
• Although IP will lose some traction in April, it is expected that gdp will be robust at Q1.