The Istanbul Chamber of Industry Turkey PMI Manufacturing Index fell to 45.3 in May 2019 from 46.8 in the previous month. Output and new orders continued to contract amid a depreciation in the Turkish lira and a lack of demand from European clients. This led manufacturers to scale back purchasing activity during May. On the price front, both input costs and output prices increased. Manufacturing PMI in Turkey is reported by Markit Economics.

Manufacturing PMI in Turkey is expected to be 47.90 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 52.70 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.

Turkey Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Turkey Business Last Previous Highest Lowest Unit
Business Confidence 98.90 105.50 123.30 52.60 Index Points [+]
Manufacturing PMI 45.30 46.80 55.70 42.70 [+]
Industrial Production -2.20 -5.00 27.30 -21.20 percent [+]
Industrial Production Mom 2.10 1.40 16.70 -13.40 percent [+]
Manufacturing Production -2.60 -5.50 31.00 -24.50 percent [+]
Capacity Utilization 76.30 75.00 82.00 58.70 percent [+]
Changes in Inventories -27915235.80 -40444799.00 27201230.50 -40444799.00 TRY THO [+]
Bankruptcies 776.00 693.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 33016.00 30971.00 156173.00 1764.00 [+]
Car Production 127913.00 132189.00 163459.00 1421.00 Units [+]
Car Registrations 54322.00 58708.00 157531.00 5921.00 [+]
Leading Economic Index 1.40 0.36 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 3044.07 2985.82 3368.15 152.00 Thousand Tonnes [+]
Mining Production 2.20 -4.70 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 24637.00 23342.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
45.30 46.80 55.70 42.70 2011 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


Related

Latest