Turkey Manufacturing PMI

The Istanbul Chamber of Industry Turkey Manufacturing PMI rose to 46.4 in February 2019 from 44.2 in the previous month. Sill, the latest reading pointed to the eleventh month of contraction in factory activity, as output, new orders and employment continued to decline while new export orders expanded. On the price front, input cost inflation edged up from January, but remained much weaker than seen during much of 2018. Meanwhile, output prices increased due to higher cost burdens. 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	97.20	93.00	123.30	52.60	Index Points	[+]
Manufacturing PMI	46.40	44.20	55.70	42.70		[+]
Industrial Production	-7.30	-10.00	27.30	-21.20	percent	[+]
Industrial Production Mom	1.00	-1.30	16.70	-13.40	percent	[+]
Manufacturing Production	-7.50	-10.80	31.00	-24.50	percent	[+]
Capacity Utilization	74.00	74.40	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	24875.00	14373.00	156173.00	1764.00		[+]
Car Production	119473.00	109871.00	163459.00	1421.00	Units	[+]
Car Registrations	66486.00	56112.00	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	2565.37	2886.33	3368.15	152.00	Thousand Tonnes	[+]
Mining Production	-7.00	-5.30	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	25843.00	25747.00	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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	46.40	44.20	55.70	42.70	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.00	Feb/19	52.5	62.5 : 29.47
Brazil	53.40	Feb/19	52.7	53.5 : 41.6
Canada	52.60	Feb/19	53	57.1 : 47.5
China	49.90	Feb/19	48.3	52.3 : 47.2
Euro Area	47.60	Mar/19	49.3	60.6 : 33.5
France	49.80	Mar/19	51.5	58.8 : 42.7
Germany	44.70	Mar/19	47.6	63.3 : 32
India	54.30	Feb/19	53.9	55 : 47.9
Indonesia	50.10	Feb/19	49.9	58.5 : 46.4
Italy	47.70	Feb/19	47.8	59 : 47.7
Japan	48.90	Mar/19	48.9	56.2 : 29.6
Mexico	52.60	Feb/19	50.9	57.1 : 49.2
Netherlands	52.70	Feb/19	55.1	63.4 : 48
Russia	50.10	Feb/19	50.9	54.7 : 47.6
Saudi Arabia	56.60	Feb/19	56.2	61.8 : 51.4
Singapore	50.40	Feb/19	50.7	53.1 : 48.3
South Africa	46.20	Feb/19	49.9	60.87 : 35.09
South Korea	47.20	Feb/19	48.3	52.6 : 45.7
Spain	49.90	Feb/19	52.4	56.1 : 41.1
Switzerland	55.40	Feb/19	54.3	66.9 : 32.8
Turkey	46.40	Feb/19	44.2	55.7 : 42.7
United Kingdom	52.00	Feb/19	52.6	61.5 : 34.4
United States	52.50	Mar/19	53	57.9 : 50.7