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2025-11-03 16:02:34
[Turkish Manufacturing Activity Falls to Three-Month Low] ⑴ Turkey's manufacturing purchasing managers' index (PMI) fell to 46.5 in October, a further decline from 46.7 in September, marking the lowest level in three months and the 19th consecutive month in contraction territory. ⑵ Output declined at a robust pace, reflecting weak demand and a slowdown in new order growth. ⑶ Both domestic and export markets were sluggish, with a similar decline in overseas new orders. ⑷ Companies accordingly reduced their workforce, purchasing activities, and input inventories. ⑸ Decreased demand for inputs led to a slight improvement in supplier delivery times, ending two consecutive months of deteriorating supplier performance. ⑹ Input costs continued to rise sharply due to currency depreciation and rising raw material prices. ⑺ While the rate of increase in output prices slowed, it remained at a relatively strong level.
