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Manufacturing in Turkey
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turkey's manufacturing sector continued to grow last month
TURKEY, 2014/01/05 urkey's manufacturing sector continued to grow last month despite losing momentum, while eurozone manufacturing grew at its fastest rate since mid-2011, daily Hurriyet reports quoting a survey released yesterday. Markit's Turkey Manufacturing Purchasing Managers Index (PMI) data dropped to 53.5 in December from a 32-month high of 55 of November, signaling a slight slowdown in the increase rate. However, any reading above 50 indicates that both output and new orders are expanding. Turkey's manufacturing companies reported a further rise in production in December 2013.
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