03-July-2026
Economy News
 
Turkish Manufacturing Contracts, Hit by Iran War Disruption, PMI Shows
01-Jul-2026

Turkey's manufacturing sector contracted in June as the war in the Middle East disrupted demand and supply, a business survey showed on Wednesday. The Istanbul Chamber of Industry's Turkey Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell to 47.1 in June from 49.8 in May. The 50-mark separates growth from contraction.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-01/turkish-manufacturing-contracts-hit-by-iran-war-disruption-pmi-shows