Turkey Manufacturing PMI

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.

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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	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.50	Mar/19	49.3	60.6 : 33.5
France	49.70	Mar/19	51.5	58.8 : 42.7
Germany	44.10	Mar/19	47.6	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.20	Mar/19	48.9	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Mar/19	53	57.9 : 50.7