Turkey Manufacturing PMI  2011-2017 | Data | Chart | Calendar | Forecast

Manufacturing PMI in Turkey fell to 47.7 in December of 2016 from 48.8 in November. It was the fastest contraction since August, driven by a decline in output, new orders and new export orders while buying activity went up less than in a month earlier. At the same time, employment rose for the fifth straight month. The depreciation of the lira continued to exert upward pressure on manufacturing input prices with inflation continuing its upward trend. Thus, output prices charged by manufacturers also rose at a higher rate, compared to the previous period. Manufacturing PMI in Turkey averaged 50.64 from 2011 until 2016, reaching an all time high of 55 in November of 2013 and a record low of 47 in August of 2016. Manufacturing PMI in Turkey is reported by Markit Economics.

Turkey Manufacturing PMI
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Turkey Business Last Previous Highest Lowest Unit
Business Confidence 98.40 103.70 123.30 52.00 [+]
Manufacturing PMI 47.70 48.80 55.00 47.00 [+]
Industrial Production 2.70 2.00 26.50 -21.30 percent [+]
Industrial Production Mom 0.00 3.70 16.80 -13.40 percent [+]
Manufacturing Production 2.10 1.70 31.00 -24.50 percent [+]
Capacity Utilization 76.50 76.40 82.00 58.70 percent [+]
Changes in Inventories -6132.90 -129721.60 1641446.00 -1907183.30 TRY THO [+]
Bankruptcies 1896.00 1167.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 141912.00 122309.00 156173.00 1764.00 [+]
Car Production 106963.00 104737.00 106963.00 849.00 Units [+]
Car Registrations 129360.00 97938.00 157531.00 5921.00 Cars [+]
Leading Economic Index 3.92 3.86 12.67 -6.88 percent [+]
Mining Production 1.80 -0.40 39.90 -27.70 percent [+]
Steel Production 2912.35 2974.81 3139.00 152.00 Thousand Tonnes [+]
Competitiveness Index 4.39 4.37 4.46 4.13 Points [+]
Competitiveness Rank 55.00 51.00 63.00 43.00 [+]
Ease of Doing Business 69.00 63.00 73.00 51.00 [+]
Electricity Production 22668.00 21973.00 25959.00 14829.00 Gigawatt-hour [+]
Corruption Index 42.00 45.00 50.00 31.00 Points [+]
Corruption Rank 66.00 64.00 77.00 29.00 [+]



Turkey Manufacturing PMI Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
47.70 48.80 55.00 47.00 2011 - 2016 Monthly
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Last
Australia 55.40 Dec/16
Austria 56.30 Dec/16
Brazil 45.20 Dec/16
Canada 51.80 Dec/16
China 51.90 Dec/16
Czech Republic 53.80 Dec/16
Denmark 64.29 Dec/16
Egypt 42.80 Dec/16
Euro Area 54.90 Dec/16
France 53.50 Dec/16
Germany 55.60 Dec/16
Greece 49.30 Dec/16
Hong Kong 50.30 Dec/16
Hungary 52.25 Dec/16
India 49.60 Dec/16
Indonesia 49.00 Dec/16
Ireland 55.70 Dec/16
Israel 67.20 Dec/16
Italy 53.20 Dec/16
Japan 52.40 Dec/16
Kenya 54.10 Dec/16
Lebanon 47.00 Dec/16
Malaysia 47.10 Dec/16
Mexico 50.20 Dec/16
Myanmar 49.40 Dec/16
Netherlands 57.30 Dec/16
New Zealand 54.49 Dec/16
Nigeria 52.00 Dec/16
Norway 51.40 Dec/16
Philippines 55.70 Dec/16
Poland 54.30 Dec/16
Puerto Rico 49.10 Nov/16
Russia 53.70 Dec/16
Saudi Arabia 55.50 Dec/16
Singapore 50.60 Dec/16
South Africa 46.70 Dec/16
South Korea 49.40 Dec/16
Spain 55.30 Dec/16
Sri Lanka 58.30 Dec/16
Sweden 60.10 Dec/16
Switzerland 56.00 Dec/16
Taiwan 56.20 Dec/16
Thailand 50.60 Dec/16
Turkey 47.70 Dec/16
United Arab Emirates 55.00 Dec/16
United Kingdom 56.10 Dec/16
United States 54.30 Dec/16
Vietnam 52.40 Dec/16
World 50.90 Jan/16