The Istanbul Chamber of Industry Turkey Manufacturing PMI rose to 44.7 in November 2018 from 44.3 in the previous month. The latest reading pointed to the eighth month of contraction in factory activity, as output, new orders, and employment continued to slow. In addition, both input buying and stocks of purchases moderated over the month as subdued demand conditions led manufacturers to prefer using existing inventories to support production as opposed to purchasing new inputs. On the price front, input prices increased to the least extent since September 2017 while output charges rose only slightly on the back of gradual improvements in the lira exchange rate. Manufacturing PMI in Turkey is reported by Markit Economics.

Manufacturing PMI in Turkey is expected to be 47.20 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 52.50 in 12 months time. In the long-term, the Turkey Manufacturing PMI is projected to trend around 53.20 in 2020, according to our econometric models.

Turkey Manufacturing PMI
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Turkey Business Last Previous Highest Lowest Unit
Business Confidence 92.80 87.60 123.30 52.60 Index Points [+]
Manufacturing PMI 44.70 44.30 55.70 42.70 [+]
Industrial Production -2.70 1.60 27.30 -21.20 percent [+]
Industrial Production Mom -2.70 -1.30 16.70 -13.40 percent [+]
Manufacturing Production -3.20 1.10 31.00 -24.50 percent [+]
Capacity Utilization 74.10 75.40 82.00 58.70 percent [+]
Changes in Inventories -3640862.40 -5151941.80 27201230.50 -23785271.80 TRY THO [+]
Bankruptcies 1235.00 1183.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 58204.00 21571.00 156173.00 1764.00 [+]
Car Production 131231.00 132931.00 163460.00 1421.00 Units [+]
Car Registrations 38119.00 45235.00 157531.00 5921.00 [+]
Leading Economic Index 0.33 1.01 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 3164.25 2823.28 3368.15 152.00 Thousand Tonnes [+]
Mining Production 5.00 6.40 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 23590.00 25075.00 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 40.00 41.00 50.00 31.00 Points [+]
Corruption Rank 81.00 75.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
44.70 44.30 55.70 42.70 2011 - 2018 Monthly
SA




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


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