トルコ - 景況感

The manufacturing confidence index in Turkey increased to 102.0 in November 2019 from 100.9 in the previous month. This was the strongest manufacturing confidence since August, amid a more favourable assessment of fixed investment expenditure (106.3 from 101.7 in October) and the gauge measuring general business situation (102.1 from 95.9). In addition, the current level of total orders increased (79.6 from 79.2) and stocks of finished goods improved (98.8 from 98.5). Also, the gauge measuring general business situation rose (102.1 from 95.9). On the other hand, there was a slight improvement in expectations over the next three months regarding output (108.2 from 108.1). Meanwhile, the employment outlook weakened (103.5 from 104.7). Also, export orders declined (108.9 from 116.1).

The manufacturing confidence index in Turkey rose marginally to 100.9 in October 2019 from 98.8 in the previous month, amid a more favourable assessment of current level of total orders (79.2 from 75.6 in September) and stocks of finished goods (98.5 from 94.8). In addition, the fixed investment expenditure sub-index went up (101.7 from 100.6) and the employment outlook improved (104.7 from 104.5). On the other hand, there was a slight deterioration in expectations over the next three months regarding output (108.1 from 109.9) and export orders (116.1 from 117.0). Also, the gauge measuring general business situation decreased (95.9 from 97.3).

The manufacturing confidence index in Turkey dropped to 98.8 in September 2019 from 102.5 in the previous month, amid a deterioration in expectations over the next three months regarding output (109.9 vs 112.5 in August), export orders (117.0 vs 118.8), and employment (104.5 vs 106.1). Also, the current assessement on total amount of orders declined (75.6 vs 80.9), as well as that on amount of stocks of finished goods (94.8 vs 96.4). The fixed investment expenditure sub-index went down to 100.6 in September from 102.6 in August; and the gauge measuring general business situation fell to 97.3 from 101.9.

The manufacturing confidence index in Turkey increased to 102.5 in August of 2019 from 98.3 in the previous month. There was an improvement in expectations over the next three months regarding output (112.5 vs 111.5 in July) and employment (106.1 vs 105.6) while export orders outlook deteriorated (118.8 vs 112.8). The fixed investment expenditure sub-index rose to 102.6 in August from 101.5 in July; and the gauge measuring general business situation went up to 101.9 from 89.9.

The manufacturing confidence index in Turkey dropped to a five-month low of 98.3 in July 2019 from 102.5 in the previous month, as export orders outlook deteriorated (112.8 vs 116.1 in June). Meanwhile, there was an improvement in expectations over the next three months regarding output (111.5 vs 111.0) and employment (105.6 vs 105.1). The fixed investment expenditure sub-index fell to 101.5 in July from 102.2 in June; and the gauge measuring general business situation declined to 89.9 from 90.2.

The manufacturing confidence index in Turkey increased to 102.5 in June of 2019 from 98.9 in the previous month. The fixed investment expenditure sub-index rose to 102.2 in June from 95.7 in May; and the gauge measuring general business situation surged to 90.2 from 78.3. Still, expectations over the next three months regarding output (111 from 115 in May), export orders (116.1 from 118.2) and employment (105.1 from 107.4) deteriorated.