7/5/2021

Manufacturing PMI in Turkey above Threshold Level in June

Turkey's Manufacturing Purchasing Managers' Index (PMI) edged above the threshold level in June, announced the IHS Markit's monthly PMI report prepared in collaboration with the Istanbul Chamber of Industry.

The index rose to 51.3 in June 2021 from 49.3 in May following the loosening of COVID-19 restrictions, the report found.

According to report, the result suggests a return to growth in the Turkish manufacturing sector as output and new orders increase with a relaxation of COVID-19 limitations.​

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Manufacturing Purchasing Managers' Index; PMI; IHS Markit