ISO Turkey Manufacturing PMI was 49.4 in March – Latest News
Discounted prices of Istanbul Chamber of Industry (ICI) Turkey Manufacturing PMI (Purchasing Managers Index) survey for March 2022 have been announced. The measurement above 50.0, seen from all values shown as the threshold value, has been taken to 49.4 in the February 50.4 headline. The index index has been recorded above the threshold value of 50.0 for the first time in the last 10 months.
According to the survey results, in the slowdown in March, production has just reached 4.6 months. The slowdowns in both sub-indices were more pronounced when compared to February. One of the pressures from the war consumer in Ukraine is the choice, those who are liked by the price are also negatively appreciated. Regarding the slowdown in total new orders and the continuation of new orders from abroad observed in international demand. However, this has negatively affected the rise of Ukraine and caused him to lose his dream of the outside world. In March, the collection also slowed down and was recorded at the lowest rate of 22 ongoing periods.
The value of the Turkish lira and the war in Ukraine were effective in increasing raw material prices. Input inflation remained high, with the smallest decline in the last five months. Potential attention was drawn to the survey in oil prices in some companies.
On the other hand, in order to steer your progress in the entry, ultimately product prices accelerated and from the highest informed level.
In its supply, it will continue to increase in response to the war in Ukraine and price increases. The most fundamental evaluation phase of the last three months in your distinctive performance.
To celebrate May 2020 passing through the purchasing schedule based on new orders and its journey in production. Over the target, manufacturers have accumulated.
The war in Ukraine increased the outlook of the sectors
The Istanbul Industry PMI March report was to continue some of the industry you could try, and the forecast in Ukraine could be made. The sectors’ large production and new orders slowdown, disruptions in the supply segment, and inflation generally remain at a high level.
While the targeted acceleration in the 10 sectors achieved in March was gained, a significant slowdown was realized in non-metallic mineral products. In this way, the hardest choice in new orders of high inflationary explosions took place. While more observation of the slowdown has been observed in food in food, it has been observed sharply since May 2020.
The two sectors produce clothing and leather products, as well as land and sea vehicles. In the last seven months, the first production occurred in land and sea vehicles, which are connected to the final in backlogs. The new preferences of March were the increasing disposable, distinctive plastic and rubber products preferred by the son candidates. New orders slowed in all of the remaining nine sectors, while new export orders were created.
It will work in field employment and targeted employment as it is targeted to be positive in manufacturing. It is moving forward in the fastest machinery and metal products sector. Its employment was experienced in the textile sector to the greatest extent across the entire sector. Increases increased in the entire region above it. But the appearance exhibited among the contents of the deterioration of the standard view. While the highest final deliveries are experienced in the electrical and electronic industry sector, the lowest rates are in the textile sector.
Electrical and electronic products became the fastest retail sector of inflation due to the events in the supply chain. It was noted that the lowest decline was seen in the textile sector, with the weakest in the last seven months.
It is in the smallest scale industrial sector in the same level of product prices in textile products. The sharpest final in sales prices was measured in the basic metal sector.