FOREX TradingCharts.com

Financial News: Turkey Manufacturing Sector Improves In January

Turkey Manufacturing Sector Improves In January

02/01/2021 - 07:13:00 (RTTNews)

(RTTNews) - Turkey's manufacturing sector rose at a faster pace in January, survey results from IHS Markit showed on Monday.

The headline Istanbul Chamber of Industry Turkey manufacturing Purchasing Managers' Index rose to 54.4 in January from 50.8 in December.

Output expanded in January and new orders grew for the first time in three months which led to the rise in production due to Covid-19 vaccine news.

New export orders grew in January and firms increased staffs, with the rate of job creation fastest since December 2017. Suppliers' delivery time lengthened.

Input costs continued to rise sharply in January, with the rate of inflation easing to the lowest in six months. Output charges rose sharply, albeit at a softer pace.

"As with economies all over the world, the near-term fortunes of the sector will depend on developments related to the pandemic and vaccine roll-out," Andrew Harker, economics director at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Saudi Arabia Non-Oil Private Sector Growth Slows In February (26 min(s), 58 sec(s) ago)
(RTTNews) - Saudi Arabia's non-oil private sector grew at a markedly softer pace in February, ...Full Story»

India Services Activity Increases In February (34 min(s), 58 sec(s) ago)
(RTTNews) - India's service sector activity expanded at a faster rate in February, survey resu ...Full Story»

China Services Sector Slows In February - Caixin (25 min(s), 02 sec(s) ago)
(RTTNews) - The services sector in China continued to expand in February, albeit at a slower pace, ...Full Story»

Australia GDP Expands 3.1% On Quarter In Q4 (05 min(s), 02 sec(s) ago)
(RTTNews) - Australia's gross domestic product gained a seasonally adjusted 3.1 percent on qua ...Full Story»

Japan Services PMI Improves To 46.3 In February - Jibun (40 min(s), 02 sec(s) ago)
(RTTNews) - The services sector in Japan continued to contract in February, albeit at a slower pac ...Full Story»

Hong Kong Private Sector Climbs Into Expansion - Markit (25 min(s), 02 sec(s) ago)
(RTTNews) - The private sector in Hong Kong moved into expansion territory in February, the latest ...Full Story»

Singapore Private Sector Accelerates In February - Markit (17 min(s), 02 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in February, and at a faster pace, ...Full Story»

Australia GDP Climbs 3.1% On Quarter In Q4 (13 min(s), 02 sec(s) ago)
(RTTNews) - Australia's gross domestic product expanded a seasonally adjusted 3.1 percent on q ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Saudi Arabia Non-Oil Private Sector Growth Slows In February

03/03/2021 - 02:58 AM (RTTNews)
(RTTNews) - Saudi Arabia's non-oil private sector grew at a markedly softer pace in February, ...Full Story>>

India Services Activity Increases In February

03/03/2021 - 02:50 AM (RTTNews)
(RTTNews) - India's service sector activity expanded at a faster rate in February, survey resu ...Full Story>>

China Services Sector Slows In February - Caixin

03/02/2021 - 20:50 PM (RTTNews)
(RTTNews) - The services sector in China continued to expand in February, albeit at a slower pace, ...Full Story>>

Australia GDP Expands 3.1% On Quarter In Q4

03/02/2021 - 20:30 PM (RTTNews)
(RTTNews) - Australia's gross domestic product gained a seasonally adjusted 3.1 percent on qua ...Full Story>>

Japan Services PMI Improves To 46.3 In February - Jibun

03/02/2021 - 20:05 PM (RTTNews)
(RTTNews) - The services sector in Japan continued to contract in February, albeit at a slower pac ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.