ICI Released Türkiye Manufacturing PMI June 2026 and Türkiye Sector PMI Reports

• 01.07.2026
• News

The headline Istanbul Chamber of Industry Türkiye Manufacturing PMI posted 47.1 in June, down from 49.8 in May, pointing to a solid moderation in the health of the manufacturing sector. Business conditions have now softened in 27 successive months. After output had risen slightly in May, a renewed moderation was signalled in June. Respondents linked slower production to a range of factors, including market uncertainty caused by the war in the Middle East, a further softening of new orders and higher prices.

According to the Istanbul Chamber of Industry’s Türkiye Sector PMI report, challenging business conditions persisted in June and growth remained limited to a small number of sectors. The relatively positive development highlighted in the report was that inflationary pressures showed signs of easing. Output rose in only two of the 10 sectors monitored in June. Output returned to growth in the chemical, plastic, and rubber products sector, as well as in the land and sea vehicles sector, while the two-month expansion in the clothing and leather goods sector came to an end. The most pronounced slowdown, however, occurred in the food products sector, recording its sharpest output contraction since July 2025. The only sector to show an increase in new orders was chemical, plastic, and rubber products,

Istanbul Chamber of Industry (ICI) released the June 2026 results of Türkiye Manufacturing PMI (Purchasing Managers’ Index) survey, which is recognized as the fastest and reliable indicator of the manufacturing industry’s performance in the economic growth. According to the survey results, where any figure greater than 50.0 indicates overall improvement of the sector, the headline PMI posted 47.1 in June, down from 49.8 in May and pointing to a solid moderation in the health of the manufacturing sector during the month. Business conditions have now softened in 27 successive months. After output had risen slightly in May, a renewed moderation was signalled in June. Respondents linked slower production to a range of factors, including market uncertainty caused by the war in the Middle East, a further softening of new orders and higher prices. The moderation of new orders was solid as new export business saw a renewed slowdown following an expansion in May. A moderation of purchasing activity was also signalled in June following an increase in May as companies responded to softer new orders. Meanwhile, employment continued to be scaled back. The rate of input cost inflation continued to ease from April's recent peak and was the slowest since last November. That said, input prices rose sharply again as the war in the Middle East acted to push up costs for oil and other raw materials. Similarly, the rate of output price inflation softened and was the weakest in the year-to-date. The conflict also continued to impact the ability of firms to secure raw materials, with suppliers' delivery times lengthening again in June. That said, the latest extension of lead times was the least marked since February. Finally, inventories of both purchases and finished goods were scaled back again in June, largely as a result of muted demand conditions.

Commenting on the Istanbul Chamber of Industry Türkiye Manufacturing PMI survey data, Andrew Harker, Economics Director at S&P Global Market Intelligence, said: "After showing signs of positivity in May, the Turkish manufacturing sector took a step back in June, posting a renewed softening of production amid muted new orders. Anecdotal evidence from the survey indicated that the war in the Middle East continued to be the principal cause of the challenges facing firms, and so some more positive news related to the conflict in recent weeks will hopefully help to improve business conditions in the months ahead.”

ICI Türkiye Sector PMI indicates output increase in only two of 10 sectors

According to the Istanbul Chamber of Industry’s Türkiye Sector PMI report, challenging business conditions persisted in June and growth remained limited to a small number of sectors. The relatively positive development highlighted in the report was that inflationary pressures showed signs of easing. Output rose in only two of the 10 sectors monitored in June. Nevertheless, this indicated a slight improvement compared to May. Output returned to growth in the chemical, plastic, and rubber products sector, as well as in the land and sea vehicles sector, while the two-month expansion in the clothing and leather goods sector came to an end. The most pronounced slowdown, however, occurred in the food products sector, recording its sharpest output contraction since July 2025. The only sector to show an increase in new orders was chemical, plastic, and rubber products, which saw the first increase in five months, though strong. The sharpest slowdown in new orders, however, was seen in the textile sector. A similar situation was true for new orders received from abroad. In addition to chemical, plastic, and rubber products, clothing and leather goods sector also recorded increases in new export orders. In June, input cost inflation slowed in all sectors except for land and sea vehicles. The sharpest rise in input prices was recorded in the electrical and electronic products, while the lowest increase was recorded in machinery and metal products sector. Similarly, finished goods price inflation also slowed across most sectors in June. The most significant price increases were recorded in electrical and electronic products, and the mildest rise occurred in clothing and leather products. The electrical and electronic goods sector saw the strongest inflationary pressure in June, and experienced the most significant lengthening of suppliers’ lead times. The deterioration in the sector’s supplier performance reached its highest level since August 2024. The two sectors with shortening lead times were clothing and leather goods, and wood and paper products. The wood and paper products sector showed the most significant improvement in supplier performance since the survey began in January 2016. Finally, weakness in new orders and output requirements led to a decline in staffing numbers across many sectors. Of the 10 sectors monitored under the survey, staffing numbers increased in only three.

You can find attached the Istanbul Chamber of Industry Türkiye Manufacturing PMI and Sector PMI June 2026 reports.