Turkey Manufacturing PMI

The Istanbul Chamber of Industry Turkey Manufacturing PMI stood at 44.2 in January 2019, unchanged from the previous month. The latest reading pointed to the tenth month of contraction in factory activity, as output continued to ease and new orders growth softened to the weakest since August last year while new export orders stabilised amid signs of improvements in international demand for Turkish goods. On the price front, input cost inflation slowed for the fourth successive month and was below the series average while output prices declined for second straight month, and the greatest extent in almost a decade. Manufacturing PMI in Turkey is reported by Markit Economics.

Manufacturing PMI in Turkey is expected to be 49.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Turkey to stand at 52.00 in 12 months time. In the long-term, the Turkey Manufacturing PMI is projected to trend around 55.00 in 2020, according to our econometric models.

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Turkey Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	93.00	91.50	123.30	52.60	Index Points	[+]
Manufacturing PMI	44.20	44.20	55.70	42.70		[+]
Industrial Production	-9.80	-6.60	27.30	-21.20	percent	[+]
Industrial Production Mom	-1.40	-0.30	16.70	-13.40	percent	[+]
Manufacturing Production	-10.80	-7.20	31.00	-24.50	percent	[+]
Capacity Utilization	74.40	74.10	82.00	58.70	percent	[+]
Changes in Inventories	-3640862.40	-5151941.80	27201230.50	-23785271.80	TRY THO	[+]
Bankruptcies	2186.00	1112.00	3113.00	11.00	Companies	[+]
Total Vehicle Sales	14373.00	77706.00	156173.00	1764.00		[+]
Car Production	109871.00	122993.00	163459.00	1421.00	Units	[+]
Car Registrations	56112.00	66578.00	157531.00	5921.00		[+]
Leading Economic Index	-0.40	-0.40	12.75	-7.01	percent	[+]
Internet Speed	7557.69	7551.73	7560.46	1008.59	KBps	[+]
IP Addresses	8079762.00	7904681.00	9682770.00	2632946.00	IP	[+]
Steel Production	2886.33	3140.80	3368.15	152.00	Thousand Tonnes	[+]
Mining Production	-2.10	-1.10	39.90	-27.70	percent	[+]
Competitiveness Index	61.60	61.42	61.60	4.13	Points	[+]
Competitiveness Rank	61.00	58.00	63.00	43.00		[+]
Ease of Doing Business	43.00	60.00	73.00	43.00		[+]
Electricity Production	25747.00	23932.00	29183.00	14829.00	Gigawatt-hour	[+]
Corruption Index	41.00	40.00	50.00	31.00	Points	[+]
Corruption Rank	78.00	81.00	81.00	29.00		[+]

Turkey Manufacturing PMI

The Istanbul Chamber of Industry Turkey PMI Manufacturing Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Turkey Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	44.20	44.20	55.70	42.70	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.50	Jan/19	50	62.5 : 29.47
Brazil	52.70	Jan/19	52.6	53.5 : 41.6
Canada	53.00	Jan/19	53.6	57.1 : 47.5
China	48.30	Jan/19	49.7	52.3 : 47.2
Euro Area	50.50	Jan/19	51.4	60.6 : 33.5
France	51.20	Jan/19	49.7	58.8 : 42.7
Germany	49.70	Jan/19	51.5	63.3 : 32
India	53.90	Jan/19	53.2	55 : 47.9
Indonesia	49.90	Jan/19	51.2	58.5 : 46.4
Italy	47.80	Jan/19	49.2	59 : 47.8
Japan	50.30	Jan/19	52.6	56.2 : 29.6
Mexico	50.90	Jan/19	49.7	57.1 : 49.2
Netherlands	55.10	Jan/19	57.2	63.4 : 48
Russia	50.90	Feb/19	51.7	54.7 : 47.6
Saudi Arabia	56.20	Jan/19	54.5	61.8 : 51.4
Singapore	50.70	Jan/19	51.1	53.1 : 48.3
South Africa	49.90	Jan/19	50.7	60.87 : 35.09
South Korea	48.30	Jan/19	49.8	52.6 : 45.7
Spain	52.40	Jan/19	51.1	56.1 : 41.1
Switzerland	54.30	Jan/19	57.5	66.9 : 32.8
Turkey	44.20	Jan/19	44.2	55.7 : 42.7
United Kingdom	52.80	Jan/19	54.2	61.5 : 34.4
United States	54.90	Jan/19	53.8	57.9 : 50.7