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Investor Relations
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FinancialNews
03-04-21
Turkish manufacturing sector remains high in March
(MENAFN)A statistics showed that the Turkish manufacturing sector remained to improve in March with a headline rate averaging over the threshold level for the tenth month in a row.
According to IHS Markit's monthly purchasing managers' index report that is set in cooperation with the Istanbul Chamber of Industry, Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector increased to 52.6 in last month, improved from 51.7 in February.
The number marked a strong progress in the health of the sector with the backing of an increase in new orders.
The report further stated that "Panelists reported signs of improving demand, while new export orders rose for the third month running and at a faster pace than total new business."
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