IHS Markit

Forecasts: Corruption and Lack of Serious Reforms Will Keep Bulgaria Outside the Euro Area at least until 2026

Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.

Manufacturing PMI down in February

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector dropped to 51.7 in February, a monthly business survey revealed on March 1.

The PMI decreased by 2.7 points from 54.4 in January, according to the report by the Istanbul Chamber of Industry, prepared in collaboration with London-based global data firm IHS Markit.

Manufacturing sees slowdown in rate of contraction in December

The purchasing managers index (PMI) that IHS Markit compiles may have shown an improvement to 46.9 points in December against 42.3 points in November, but the performance of the manufacturing sector in Greece remains anaemic due to the imposition of the second lockdown from November 7.

Output continued to decrease rapidly due to weak demand and the restrictions.

Manufacturing PMI rises to 40.9 in May

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 40.9 in May, a monthly business survey revealed on June 1.

The PMI increased by 7.5 points from 33.4 in April, according to the report by the Istanbul Chamber of Industry, prepared in collaboration with London-based global data firm IHS Markit.

Purchasing Managers' Index at 33.4 in April

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector stood at 33.4 in April, according to a monthly business survey on May 4. 

The Istanbul Chamber of Industry report, in collaboration with London-based global data firm IHS Markit, showed that the April figure dropped by 14.7 points month-on-month, posting the steepest decline since the global financial crisis.

Turkish PMI falls to 48.1 due to virus outbreak

Turkey's Purchasing Managers' Index (PMI) was at 48.1 this March, down from 52.4 in February, posting below the 50 no-change mark for the first time in three months.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with global data firm IHS Markit, output and new orders both softened, while firms scaled back purchasing activity.

February’s manufacturing PMI strongest in last two years

In Turkey, Purchasing Managers' Index (PMI) for the manufacturing sector posted the strongest reading of the last two years in February.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with London-based global data firm IHS Markit, the index rose to 52.4 last month thanks to solid rises in both output and new orders.

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