Türkiye's manufacturing PMI falls in January

By Mucahithan Avcioglu

ISTANBUL (AA) - Türkiye's Purchasing Managers Index (PMI) for the manufacturing industry fell to 48 in January, down from 49.1 in December, according to data released by S&P Global on Monday.

"The opening month of 2025 saw a moderation in the Turkish manufacturing sector as demand conditions remained subdued," S&P Global said.

Employment posted a slight decline for the second consecutive month in January, while input costs and the rate of output price inflation accelerated.

Higher input prices reflected a range of factors, including rising costs for raw materials and fuel, increased wages, and currency weakness, according to S&P Global.

"The muted demand environment was also highlighted by data on new orders, with total new business and new export orders each moderating over the course of the month."

"Firms will be hoping that conditions revive in the months ahead, helping to support growth," it added.