The Istanbul Chamber of Industry Türkiye Manufacturing PMI dropped to 46.7 in June 2025 from 47.2 in the previous month. This marked the fifteenth consecutive month of contraction and the sharpest drop since October 2024. New orders weakened further, extending the current sequence which began two years ago, with new export orders falling to a three-month low.
Consequently, manufacturers scaled back production at the fastest pace since October 2024. Employment and purchasing activity were also reduced to larger extents, both recording the steepest falls in nine months. In addition, stocks of purchases decreased, but post-production inventories rose for the first time in three months. Moreover, delivery times lengthened for the first time in four months. Turning to prices, input costs rose sharply due to currency weakness and the inflationary impact of the situation in Iran. In contrast, output prices increased at a slower pace amid muted demand.
