Turkey Manufacturing PMI

The Istanbul Chamber of Industry Turkey PMI Manufacturing Index fell to 45.3 in May 2019 from 46.8 in the previous month. Output and new orders continued to contract amid a depreciation in the Turkish lira and a lack of demand from European clients. This led manufacturers to scale back purchasing activity during May. On the price front, both input costs and output prices increased. Manufacturing PMI in Turkey is reported by Markit Economics.

Manufacturing PMI in Turkey is expected to be 47.90 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 52.70 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	98.90	105.50	123.30	52.60	Index Points	[+]
Manufacturing PMI	45.30	46.80	55.70	42.70		[+]
Industrial Production	-4.00	-2.00	27.30	-21.20	percent	[+]
Industrial Production Mom	-1.00	2.20	16.70	-13.40	percent	[+]
Manufacturing Production	-4.20	-2.40	31.00	-24.50	percent	[+]
Capacity Utilization	76.30	75.00	82.00	58.70	percent	[+]
Changes in Inventories	-27915235.80	-40444799.00	27201230.50	-40444799.00	TRY THO	[+]
Bankruptcies	776.00	693.00	3113.00	11.00	Companies	[+]
Total Vehicle Sales	33016.00	30971.00	156173.00	1764.00		[+]
Car Production	136517.00	127913.00	163459.00	1421.00	Units	[+]
Car Registrations	54322.00	58708.00	157531.00	5921.00		[+]
Leading Economic Index	1.40	0.36	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	3044.07	2985.82	3368.15	152.00	Thousand Tonnes	[+]
Mining Production	-9.30	2.40	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	24637.00	23342.00	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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	45.30	46.80	55.70	42.70	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5