The Istanbul Chamber of Industry Turkey Manufacturing PMI rose to 47.2 in March 2019 from 46.4 in the previous month. Still, the reading pointed to the 12th month of contraction in manufacturing activity, but at the softest pace since July. New orders and export orders moderated, as demand conditions remained difficult. Meanwhile, output and employment declined the least in eight months. On the price front, input cost inflation gathered pace for the second month in a row amid currency weakness. As a result, output prices were raised for the first time in four months. As with input costs, however, the pace of inflation remained relatively muted. 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 102.10 97.20 123.30 52.60 Index Points [+]
Manufacturing PMI 47.20 46.40 55.70 42.70 [+]
Industrial Production -5.10 -7.40 27.30 -21.20 percent [+]
Industrial Production Mom 1.30 1.00 16.70 -13.40 percent [+]
Manufacturing Production -5.50 -7.60 31.00 -24.50 percent [+]
Capacity Utilization 74.30 74.00 82.00 58.70 percent [+]
Changes in Inventories -40444799.00 -3640862.40 27201230.50 -40444799.00 TRY THO [+]
Bankruptcies 665.00 2092.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 49221.00 24875.00 156173.00 1764.00 [+]
Car Production 119473.00 109871.00 163459.00 1421.00 Units [+]
Car Registrations 34025.00 66486.00 157531.00 5921.00 [+]
Leading Economic Index -0.12 -0.54 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 2634.70 2565.37 3368.15 152.00 Thousand Tonnes [+]
Mining Production -4.70 -6.80 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 23342.00 25843.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.20 46.40 55.70 42.70 2011 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.50 Mar/19
France 49.70 Mar/19
Germany 44.10 Mar/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.20 Mar/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Mar/19


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