Production indicator exceeded threshold value after 10 months

Istanbul Chamber of Industry (ICI) announced the manufacturing purchasing managers index for January.

Manufacturing purchasing managers index was 50.1 in January.

In December, the index had taken the level of 48.1.

Levels above 50 in the index will lead to growth, under two levels indicate contraction. The index exceeded the threshold value in February, after which sub-threshold levels were recorded in the index.

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