Turkey Manufacturing PMI

The Istanbul Chamber of Industry Turkey PMI Manufacturing Index rose to 48.0 in August 2019 from 46.7 in the previous month, pointing to the weakest pace of contraction in the manufacturing sector since July 2018. New orders fell the least in the current 17-month sequence of moderation, amid some panel reports of improving customer demand; while employment levels were broadly stable, following 12 months of declines. Also, purchasing activity and inventories of both pre- and post-production items were scaled back, but to lesser extents than in July. On the price front, both input costs and output prices rose at weaker rates in August. Manufacturing PMI in Turkey is reported by Markit Economics.

Manufacturing PMI in Turkey is expected to be 48.90 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 53.20 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	102.50	98.30	123.30	52.60	Index Points	[+]
Manufacturing PMI	48.00	46.70	55.70	42.70		[+]
Industrial Production	-1.20	-3.70	27.30	-21.20	percent	[+]
Industrial Production Mom	4.30	-3.50	16.70	-13.40	percent	[+]
Manufacturing Production	-1.30	-4.40	31.00	-24.50	percent	[+]
Capacity Utilization	76.60	76.20	82.00	58.70	percent	[+]
Changes in Inventories	-4600588.80	-15661233.00	27201230.50	-40444799.00	TRY THO	[+]
Bankruptcies	1011.00	1213.00	3113.00	11.00	Companies	[+]
Total Vehicle Sales	26246.00	17927.00	156173.00	1764.00		[+]
Car Production	52242.00	133883.00	163459.00	1421.00	Units	[+]
Car Registrations	67621.00	41915.00	157531.00	5921.00		[+]
Leading Economic Index	3.88	2.19	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	2925.04	2697.69	3368.15	152.00	Thousand Tonnes	[+]
Mining Production	7.80	5.40	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	28532.00	24040.00	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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.00	46.70	55.70	42.70	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	53.10	Aug/19	51.3	62.5 : 29.47
Brazil	52.50	Aug/19	49.9	53.5 : 41.6
Canada	49.10	Aug/19	50.2	57.1 : 47.5
China	50.40	Aug/19	49.9	52.3 : 47.2
Euro Area	47.00	Aug/19	46.5	60.6 : 33.5
France	51.10	Aug/19	49.7	58.8 : 42.7
Germany	43.50	Aug/19	43.2	63.3 : 32
India	51.40	Aug/19	52.5	55 : 47.9
Indonesia	49.00	Aug/19	49.6	58.5 : 46.4
Italy	48.70	Aug/19	48.5	59 : 47.4
Japan	49.30	Aug/19	49.4	56.2 : 29.6
Mexico	49.00	Aug/19	49.8	57.1 : 49
Netherlands	51.60	Aug/19	50.7	63.4 : 48
Russia	49.10	Aug/19	49.3	54.7 : 47.6
Saudi Arabia	57.00	Aug/19	56.6	61.8 : 51.4
Singapore	49.90	Aug/19	49.8	53.1 : 48.3
South Africa	45.70	Aug/19	52.1	60.87 : 35.09
South Korea	49.00	Aug/19	47.3	52.6 : 45.7
Spain	48.80	Aug/19	48.2	56.1 : 41.1
Switzerland	47.20	Aug/19	44.7	66.9 : 32.8
Turkey	48.00	Aug/19	46.7	55.7 : 42.7
United Kingdom	47.40	Aug/19	48	61.5 : 34.4
United States	50.30	Aug/19	50.4	57.9 : 50.3