Turkey Business Morale Strongest in 11 Months

EthereumCraftsman · 2026-02-20T07:40:18+00:00

Turkey's manufacturing confidence index surged to 104.1 in February 2026, reflecting broad improvements in output expectations, employment, and order books, despite a slight decline in general business sentiment.

EthereumCraftsman

2026-02-20 07:40:18

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Turkey’s manufacturing industry confidence index rose to 104.1 in February 2026, marking its highest level since March 2025, up from 101.6 in January. Nearly all subcomponents showed improvement, with the expected volume of output over the next three months climbing to 120.4 from 111.4 in January. Employment expectations also increased (103.5 vs 102.6), alongside stronger assessments of order books, as the total amount of current orders rose to 87.9 from 86.1, and expectations for orders over the next three months improved to 103.9 from 102.1. Export order expectations strengthened (115.6 vs 107.8), while stocks of finished goods edged up slightly (100.7 vs 100.5), indicating stable inventory conditions. Sentiment toward fixed investment expenditure also improved (108.5 vs 107.8). Meanwhile, views on the general business situation eased modestly (92.5 vs 94.1), reflecting cautious optimism amid lingering uncertainties.

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