Prof. Dr. Serap Durusoy evaluates: Is the increase in industrial production an optimistic illusion?

Prof. Dr. Serap Durusoy, speaking on the “Paranın İzinde” program on Nasıl Bir Ekonomi TV, challenged the reported monthly and annual increases in Turkish industrial production, arguing the figures are overly optimistic and diverge from conditions on the ground. She cited financing constraints, heavy tax burdens and the loss of skilled labor as pressures weighing on the real sector. Durusoy warned that without integrated policies, the crisis in manufacturing will hit the labor market and households harder. The debate matters because official output data underpin assessments of Turkey’s growth outlook. Watch for whether subsequent production prints confirm the headline gains or validate her caution.