In a concerning update for Turkey's manufacturing sector, the Istanbul Chamber of Industry reported a decrease in the Manufacturing Purchasing Managers' Index (PMI) for September. The PMI slipped to 46.70, further declining from August's reading of 47.30. This marks a continuation of the sector's ongoing struggle, as the index remains below the crucial 50.0 threshold for the second consecutive month, indicating contraction.
The latest data, updated on October 1, 2025, reflects challenges that the sector has been grappling with amid global economic uncertainties and local market conditions. The decline in PMI suggests that manufacturing output has slowed, potentially impacting employment rates and the broader economic landscape in Turkey.
As the country tries to navigate through these challenges, industry stakeholders are likely to scrutinize the factors contributing to this downturn. Focus may shift to efforts aimed at revitalizing the sector, such as enhancing supply chain efficiencies, boosting domestic demand, and exploring new export markets to mitigate the decline. The upcoming months will be crucial in determining whether the sector can achieve stability or face further contraction.