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December 3, 2024
Manufacturing PMI rises but still in contraction territory
Manufacturing PMI rose from 45.8 to 48.3 in November, while remaining below the threshold value of 50

Although the Istanbul Chamber of Industry’s (ÝSO) headline manufacturing PMI remained below the 50 mark for the eighth consecutive month in November, the latest reading of 48.3 was an improvement from 45.8 in October, indicating the least pronounced moderation in business conditions since May.

Any figure greater than 50 indicates overall improvement login or sign up to read the complete news...