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Turkish manufacturing activity contracts for 16th month in July

The Purchasing Managers’ Index (PMI) for manufacturing fell to 46.7 in July 47.9 in June, dipping further below the 50-point line that separates expansion contraction, a panel the Istanbul Chamber of Industry and IHS Markit said. Data in July showed that total new orders continued to soften amid challenging market conditions, the pa […]

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The Purchasing Managers’ Index (PMI) for manufacturing fell to 46.7 in July 47.9 in June, dipping further below the 50-point line that separates expansion contraction, a panel the Istanbul Chamber of Industry and IHS Markit said.

Data in July showed that total new orders continued to soften amid challenging market conditions, the pa […]

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