IHS Markit

European stock markets are under new sales pressure, with US stock futures declining in view of indications of escalating tensions between Ukraine and Russia.

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector dropped to 50.4 in April, a monthly business survey revealed on May 3. 

The PMI decreased by 2.2 points from 52.6 in March, according to the report by the Istanbul Chamber of Industry prepared in collaboration with London-based global data firm IHS Markit.

The Turkish manufacturing sector continued to recover in March with a headline rate hovering above the threshold level for the tenth month in a row, according to figures released on April 1.

Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.

The recovery of Turkey's manufacturing sector continued in January, a survey showed on Feb. 1, as output, new orders and exports all showed growth following the second wave of the coronavirus outbreak and initial vaccine rollouts.

 Economic activity in the euro zone shrank markedly in January as stringent lockdowns to contain the coronavirus pandemic hit the bloc's dominant service industry hard.

Economic activity in the eurozone shrank markedly in January as stringent lockdowns to contain the coronavirus pandemic hit the bloc's dominant service industry hard.

The purchasing managers index (PMI) that IHS Markit compiles may have shown an improvement to 46.9 points in December against 42.3 points in November, but the performance of the manufacturing sector in Greece remains anaemic due to the imposition of the second lockdown from November 7.

Output continued to decrease rapidly due to weak demand and the restrictions.

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 40.9 in May, a monthly business survey revealed on June 1.

The PMI increased by 7.5 points from 33.4 in April, according to the report by the Istanbul Chamber of Industry, prepared in collaboration with London-based global data firm IHS Markit.

As the European automotive market resumes production amid uncertain demand due to coronavirus, Turkey is well-positioned to emerge from the crisis with less damage and to draw more export orders, according to an industry leader.