IHS

Turkey's PMI manufacturing index posted 50.5 in January, down from 52.1 in December 2021 and the lowest in eight months, the survey data from Istanbul Chamber of Industry and IHS Markit have showed.

Any figure greater than 50 indicates overall improvement of the sector.

Economic growth in the eurozone slowed sharply in January, a key survey has showed, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region's recovery.

 Turkish factory activity stayed in the positive territory for the sixth month in a row, but a sharp increase in costs pushed output price rises to their fastest pace on record, a key survey showed on Dec. 1. 

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector stood at 51.2 in October, according to fresh figures released on Nov. 1.

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.

The pace of recovery in Turkey's manufacturing activity eased in November amid a second wave of the coronavirus outbreak, according to a closely watched business survey on Dec. 1. 

Greek manufacturing activity kept expanding in December as new orders grew at the fastest pace in over nine years, leading firms to increase hiring and production, a survey showed on Tuesday.

The Purchasing Managers' Index (PMI) for Turkey's manufacturing sector stood at 55.3 points in August, hitting its highest level since March 2011, according to a report released by the leading financial analysis company, IHS Markit, on Sept. 5.

Turkish manufacturing activity expanded at its highest pace in more than 3.5 years in June, a business survey showed on July 3, driven by the fastest gain in new orders since February 2011.

Greek manufacturing activity expanded in June for the first time in nine months, with increased production and new orders leading firms to add jobs at the fastest pace since July 2016, a survey showed on Monday.