Financial News: Turkey Factory Activity Remains In Contraction

Turkey Factory Activity Remains In Contraction

11/03/2025 - 07:49:00 (RTTNews)

(RTTNews) - The manufacturing activity in Turkey deteriorated at a slightly faster pace in October amid challenging business conditions, survey results from S&P Global showed on Monday.

The headline The Istanbul Chamber of Industry Turkey Manufacturing Purchasing Managers' Index dropped to 46.5 in October from 46.7 in September. Any reading below 50.0 indicates contraction in the sector.

Output fell for the ninth successive month and at a solid pace due to subdued demand conditions in both domestic and export markets. Consequently, employment, purchasing activity, and stocks of inputs all reduced.

On the price front, input price inflation accelerated in October, linked to higher raw material costs amid the currency depreciation effect. Nonetheless, both input and output price inflation eased.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Manufacturing Index Unexpectedly Edges Lower In October (03 hr(s), 57 min(s), 03 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate i ...Full Story»

Czech Factory Activity Contracts Most In 9 Months (04 hr(s), 51 min(s), 03 sec(s) ago)
(RTTNews) - The Czech Republic's manufacturing downturn deepened in October amid faster falls ...Full Story»

Latvia Industrial Output Growth Quickens To 6.5% (05 hr(s), 24 min(s), 03 sec(s) ago)
(RTTNews) - Latvia's industrial production growth rebounded sharply in September, data from th ...Full Story»

Greece Manufacturing Activity Regains Growth Momentum (05 hr(s), 49 min(s), 03 sec(s) ago)
(RTTNews) - Greece's factory activity expanded at an accelerated pace in October amid stronger ...Full Story»

UK Manufacturing PMI At 1-Year High (06 hr(s), 31 min(s), 03 sec(s) ago)
(RTTNews) - The UK manufacturing activity shrank in October but the pace of contraction was the sl ...Full Story»

Turkey Factory Activity Remains In Contraction (06 hr(s), 35 min(s), 03 sec(s) ago)
(RTTNews) - The manufacturing activity in Turkey deteriorated at a slightly faster pace in October ...Full Story»

Eurozone Manufacturing Sector Stagnates In October (07 hr(s), 03 min(s), 03 sec(s) ago)
(RTTNews) - Eurozone manufacturing sector stagnated in October, as initially estimated, following ...Full Story»

Poland Manufacturing Downturn Eases In October (07 hr(s), 24 min(s), 03 sec(s) ago)
(RTTNews) - Poland's manufacturing activity deteriorated at a slower pace in October, survey d ...Full Story»