Turkey Manufacturing PMI - Forecast

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.


Forecast Data Chart
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Turkey Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 89.6 85.5 89.1 90.5 95.1 100
Manufacturing PMI 42.7 47.2 49.5 51.9 52.5 53.2
Industrial Production 1.7 4.6 3.8 3.6 3.2 2.5
Industrial Production Mom -1.1 0.8 0.5 -0.4 0.5 0.5
Manufacturing Production 1.2 4.2 3.6 3.4 2.9 2
Capacity Utilization 76.2 76.5 74.4 72.5 72.9 75
Changes in Inventories -171657 -1780000 -3200000 -3200000 14200000 -1560000
Bankruptcies 954 2420 950 850 1000 2050
Total Vehicle Sales 23028 120000 70500 46600 69930 119000
Car Production 132931 125800 150500 127900 128200 145400
Car Registrations 63752 93000 91900 60800 75980 100000
Leading Economic Index 2.35 2.5 2.2 2.2 2.4 3
Internet Speed 7558 7462 7673 7495 7673 7528
IP Addresses 8079762 8070964 8077035 8077370 8081397 8092863
Steel Production 3000 2720 3000 2800 2800 2730
Mining Production 6.13 4.4 3.2 3 2.7 2
Competitiveness Index 61.6 4.42 4.42 4.42 4.42 4.42
Competitiveness Rank 61 53 53 53 53 53
Ease of Doing Business 60 59 58 58 58 57
Electricity Production 27595 24000 23800 22900 24400 24700
Corruption Index 40 40 40 40 40 40
Corruption Rank 81 81 81 81 81 81