Andrew Harker

Slowdown in manufacturing continues

The slowdown in the Turkish manufacturing sector became more entrenched in November, a survey conducted jointly by the Istanbul Chamber of Industry (İSO) and S&P Global has shown.

The headline PMI dropped to 47.2 in November from 48.4 in October, below the 50 no-change mark for the fifth consecutive month and pointing to a solid moderation in business conditions.

PMI remains steady at 49.2 in May

Turkey's headline Purchasing Managers' Index (PMI) was unchanged at 49.2 in May, S&P Global's monthly report showed yesterday.

The reading signalled a third successive moderation in the health of the manufacturing sector, albeit one that remained only marginal.

Any figure greater than 50.0 indicates overall improvement in the sector.

Manufacturing PMI falls

Turkey's headline Purchasing Managers' Index (PMI) for the manufacturing industry eased to 49.2 in April, down from 49.4 in March, indicating a second successive monthly moderation in the health of the sector, the survey conducted jointy by S&P Global and the Istanbul Chamber of Industry (İSO) have shown.

Any figure greater than 50 indicates overall improvement of the sector.

PMI posts 50.5 in January

Turkey's PMI manufacturing index posted 50.5 in January, down from 52.1 in December 2021 and the lowest in eight months, the survey data from Istanbul Chamber of Industry and IHS Markit have showed.

Any figure greater than 50 indicates overall improvement of the sector.

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