The Turkish manufacturing sector faced a further contraction in October, as the Istanbul Chamber of Industry's Manufacturing Purchasing Managers' Index (PMI) declined to 46.50. This latest figure, updated on November 3, showcases a slight drop from the previous month's PMI of 46.70 registered in September 2025, indicating persisting challenges for the sector.
A reading below 50 signifies contraction in the manufacturing industry, and Turkey's consistent figures in the 46-range reflect ongoing struggles in the nation's industrial production capabilities. The latest PMI reading suggests that the industry is experiencing continued pressure, possibly due to a combination of domestic economic conditions, supply chain disruptions, or external market pressures.
Market analysts are closely watching these numbers as they could signal broader economic trends and potential policy responses. With manufacturing being a vital component of Turkey's economy, sustained contraction may prompt increased scrutiny from policymakers seeking to bolster industrial output and stabilize economic performance. Businesses and stakeholders will be hoping for signs of recovery in the coming months as attention turns to potential measures to invigorate the sector.
