The Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI (Purchasing Managers Index) dropped from 48.1 to 46.9 month-over-month in July, below the threshold level of 50.0 for the fifth consecutive month. Thus, the ISO Turkey Manufacturing PMI has fallen to its lowest level since the beginning of 2020, when the pandemic started. Market uncertainty and...
Tag: Istanbul Chamber of Industry
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Manufacturing PMI at 50.4 in February
The Istanbul Chamber of Industry (ICI) Turkey Manufacturing PMI (Purchasing Managers Index) dropped by 0.1 points to 50.4 points in February, compared to the previous month. The PMI was down fractionally from 50.5 in January but still above the 50.0 no-change mark, as has been the case in each of the past nine months, said...
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Export climate index hits an 11-month low
The Istanbul Chamber of Industry (ISO) Turkey Manufacturing Export Climate Index, which measures the contributions of the country’s manufacturing industry to primary export markets, dropped from 53.9 points to 52.3 points in January as compared to December 2021. Thus, the index has fallen to the lowest level since February 2021, though it posted its 12th...
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Manufacturing PMI hits an 8-month low
The Istanbul Chamber of Industry (ICI) Turkey Manufacturing PMI (Purchasing Managers Index) posted 50.5 in January, down from 52.1 in December 2021. Thus, the manufacturing PMI fell to its lowest level in the last eight months. However, the headline PMI remained above the threshold of 50.0 with the support of employment and suppliers’ delivery times...