Turkiye’s manufacturing PMI fell to 47.9 in March from 49.3 in February, marking a five-month low and extending the sector’s contraction.
The slowdown was driven by weaker demand, rising inflation and supply disruptions linked to the Middle East conflict.
Output and new orders declined sharply, while firms cut employment and purchasing activity amid higher input costs and ongoing uncertainty.
The slowdown was driven by weaker demand, rising inflation and supply disruptions linked to the Middle East conflict.
Output and new orders declined sharply, while firms cut employment and purchasing activity amid higher input costs and ongoing uncertainty.