Turkey Manufacturing PMI

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.

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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	Range
Australia	51.30	Nov/18	58.3	63.1 : 30.86
Brazil	52.70	Nov/18	51.1	53.5 : 41.6
Canada	54.90	Nov/18	53.9	57.1 : 47.5
China	50.20	Nov/18	50.1	52.3 : 47.2
Euro Area	51.40	Dec/18	51.8	60.6 : 33.5
France	49.70	Dec/18	50.8	58.8 : 42.7
Germany	51.50	Dec/18	51.8	63.3 : 32
India	54.00	Nov/18	53.1	55 : 47.9
Indonesia	50.40	Nov/18	50.5	58.5 : 46.4
Italy	48.60	Nov/18	49.2	59 : 48
Japan	52.40	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Nov/18	50.7	57.1 : 49.2
Netherlands	56.10	Nov/18	57.1	63.4 : 48
Russia	52.60	Nov/18	51.3	54.7 : 47.6
Saudi Arabia	55.20	Nov/18	53.8	61.8 : 51.4
Singapore	51.50	Nov/18	51.9	53.1 : 48.3
South Africa	49.50	Nov/18	42.4	60.87 : 35.09
South Korea	48.60	Nov/18	51	52.6 : 45.7
Spain	52.60	Nov/18	51.8	56.1 : 41.1
Switzerland	57.70	Nov/18	57.4	66.9 : 32.9
Turkey	44.70	Nov/18	44.3	55.7 : 42.7
United Kingdom	53.10	Nov/18	51.1	61.5 : 34.4
United States	53.90	Dec/18	55.3	57.9 : 50.7