IHS Markit

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector stood at 33.4 in April, according to a monthly business survey on May 4. 

The Istanbul Chamber of Industry report, in collaboration with London-based global data firm IHS Markit, showed that the April figure dropped by 14.7 points month-on-month, posting the steepest decline since the global financial crisis.

Turkey's Purchasing Managers' Index (PMI) was at 48.1 this March, down from 52.4 in February, posting below the 50 no-change mark for the first time in three months.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with global data firm IHS Markit, output and new orders both softened, while firms scaled back purchasing activity.

In Turkey, Purchasing Managers' Index (PMI) for the manufacturing sector posted the strongest reading of the last two years in February.

According to the Istanbul Chamber of Industry PMI Manufacturing Index report, prepared in cooperation with London-based global data firm IHS Markit, the index rose to 52.4 last month thanks to solid rises in both output and new orders.

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector rose to 51.3 in January, according to a business survey on Feb. 2.

Turkey's calendar-adjusted industrial production soared 5.1 percent in November 2019 compared to the same month of the previous year, the Turkish Statistics Institute (TÜİK) has said.

That followed a 3.9 percent increase in industrial production in the previous month.

Employment in manufacturing posted a significant increase last month, as new orders - mostly from abroad - continued growing.

Data from IHS Markit showed yesterday that the Purchasing Managers Index (PMI) in manufacturing ended 2019 at 53.9 points, slightly below the 54.1-point reading at end-November.

Greece's Purchasing Managers Index (PMI) for manufacturing climbed to 54.2 points in February - a nine-month high - from 53.7 points in January, according to figures released by IHS Markit on Friday. Business confidence in the sector reached a six-month high, as companies drew optimism from the fact that demand from foreign markets has grown, with an increase in new clients.

Exports continue to represent a lifeline for Greek enterprises and the national economy, even if they have to resort to price cuts to maintain demand.

Latest survey data from the Istanbul Chamber of Industry and IHS Markit have pointed to ongoing challenges for Turkish manufacturing firms at the start of 2019.

Greek factory activity continued to expand in November with momentum strengthening as production and new orders increased at a faster pace with firms adding staff, a survey showed on Monday.