Turkey manufacturing PMI hits 22-month highChristian Fernsby ▼ | February 3, 2020
Turkey's Purchasing Managers’ Index (PMI) for the manufacturing sector rose to 51.3 in January, according to a business survey yesterday.
Economy in Turkey Turkey manufacturing
Topics: Turkey manufacturing PMI
New orders in January improved due to the recovery in demand, the report noted.
New export orders also increased and ended the five-month downward trend.
With rising new orders again, manufacturers expanded production for the third consecutive month, while employment rose for the first three months, it added. ■