Index numbers

The share of food prices in the inflation basket will be decreased from 24 to 20 percent by the end of the year to ease consumer price increases, Economy Minister Nihat Zeybekci has said, daily Habertürk reported Oct. 17. 

The government recently restructured its food committee in line with its fight against stubbornly rising food prices, which have pushed up the inflation rate. 

Activity in Greece's manufacturing sector shrank again in September after expanding in August, as production and new orders dropped, a survey showed on Monday.

Markit's Purchasing Managers' Index for manufacturing, which accounts for about 10 percent of the Greek economy, fell to 49.2 points last month from 50.4 in August. Readings below 50 denote contractions in activity.

Turkey's economic confidence rose more than 20 percent in September, recovering from a six-month low hit in August, data from the Turkish Statistics Institute (TÜİK) showed on Sept. 29.
The index was at 87.8 in September, after falling to 72.7 in August, the data showed. The index indicates an optimistic economic outlook when above 100 and a pessimistic one when below 100.

Turkey's manufacturing sector continued to grow last month despite losing momentum, while eurozone manufacturing grew at its fastest rate since mid-2011, a survey showed on Jan. 2.

Turkey's industrial production declined sharply in July, largely as a result of the failed coup attempt on July 15, data from the Turkish Statistics Institute (TÜİK) showed on Sept. 8. 

Industrial output fell 4.9 percent in July, on a calendar-adjusted basis, from the same month last year.

Greek manufacturing activity shrank for the fourth month in a row in May as a big drop in new orders was accompanied by job losses and a fall in production, a survey showed on Wednesday.

Greeks remained very pessimistic in the first quarter of the year, as the reading of the consumer confidence index compiled by Nielsen remained at 53 points, the same as in the three previous quarters.

The comparison with a year earlier is staggering as the reading for the quarter that had included the January 2015 elections was 12 points higher.

China's economic recovery stabilised in April, an official factory activity gauge showed May 1, as the property market recovered and credit grew.
 
The Purchasing Manager's Index (PMI), tracking activity in factories and workshops, rose for the second successive month, the National Bureau of Statistics said.
 

Bulgaria's business climate indicator has increased by 1.6 percentage points in March compared to the previous month, reflecting improved opinions of managers in industry, construction and retail trade.

Confidence in the Turkish economy has rebounded sharply in March after a three-month decline, according to official data released on March 25.

The Economic Confidence index rose 9.5 percent compared with the previous month, from 71.46 points in February to 78.27 points in March, the Turkish Statistical Institute (TÜ?K) said in a report.