Economic slowdown
- Turkiye
Turkiye’s Manufacturing Slump Deepens as June PMI Falls to 46.7, Signaling Continued Industrial Weakness
Türkiye’s manufacturing activity came under renewed pressure in June, with the headline Purchasing Managers’ Index (PMI) dropping sharply to 46.7…
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Turkiye’s Manufacturing Sector Contracts for 14th Month Amid Persistent Demand Weakness
Türkiye’s manufacturing sector saw a mild contraction in May as weak demand continued to weigh on output, employment and purchasing…
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Turkiye’s Manufacturing PMI Drops to 47.3 in March, Signaling Continued Slowdown
The Istanbul Chamber of Industry (ISO) reported Wednesday that Türkiye’s Manufacturing Purchasing Managers’ Index (PMI) fell to 47.3 in March,…
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Turkiye’s Machinery Exports Reach $4.3 Billion in Two Months, Declining 4.3% Amid Global Slowdown
Türkiye’s machinery exports, including free zones, amounted to $4.3 billion in the January-February period, according to a business group. This…
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PMI Survey Shows Moderation in Turkiye’s Manufacturing Sector as Demand Weakens
The opening month of 2025 saw a moderation in the Turkish manufacturing sector as demand conditions remained subdued, the data…
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Central Bank of Turkiye holds interest rate steady at 50% for seventh consecutive meeting
Policy rate decision reflects bank’s heightened vigilance over inflation risks The Central Bank of the Republic of Türkiye (CBRT) announced…
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Middle East: Amid economic instability, gold shines as a safe haven
Global demand for bars and coins increased by 6 percent in Q2 The World Bank is forecasting an economic slowdown…
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