Turkey’s manufacturing PMI rises in February

Monday, 04 March 2019 17:17:22 (GMT+3)   |   Istanbul

The Turkey PMI™ Manufacturing Index, issued by Istanbul Chamber of Industry and Markit, was at 46.4 points in February this year, up from January’s 44.2 points. Any figure greater than 50 indicates an overall improvement of the sector. The PMI in February was the highest in the last six months.

The latest PMI data showed that the slowdown in operating conditions was the mildest in February in the last six months. In parallel, the contraction in production was less dramatic compared to January. The increase in new orders from export markets supported overall new orders.  

Most Recent Related Articles

Ex-UK scrap price edges up in new deal in Turkey

Welded pipe prices in Turkey may firm up further amid stronger demand

Turkish basic metal manufacturing capacity use up in May from April

Turkish metal producers' foreign sales prices up 7.71% in April from March

Turkey's basic metal output down one percent in March from February