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.

Turkey Manufacturing PMI
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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
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 50.50 Jan/19
France 51.20 Jan/19
Germany 49.70 Jan/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 50.30 Jan/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 54.90 Jan/19


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