Turkey's Manufacturing PMI Dips Slightly in May
The manufacturing sector in Turkey showed a modest decline in activity in May 2025, according to the latest data from the Istanbul Chamber of Industry. The Manufacturing Purchasing Managers' Index (PMI) slipped to 47.20, a slight decrease from April's 47.30. This marks a continuing trend under the threshold of 50, which signals contraction in the sector.
This subtle decline in May suggests that ongoing challenges may be impacting the industrial output in Turkey. Economic analysts note that the persistent contraction might be reflective of broader challenges within the Turkish economy, as well as potential external factors affecting trade and manufacturing costs.
The data, updated on June 2, 2025, indicates that this is part of a larger pattern of subdued performance since the beginning of the year. Observers will be closely watching upcoming economic policies and global market conditions to assess potential impacts on Turkey's manufacturing landscape and any future movements in the PMI.
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