Manufacturing sector export markets climate index rose in August
Trade Minister Ömer Bolat stated that the index reached a 27-month high and made evaluations regarding the Medium-Term Program targets.
The Istanbul Chamber of Industry Turkey Manufacturing Sector Export Markets Climate Index rose to 52.7 in August, increasing for the fourth consecutive month.
Rise in the Climate Index
The Istanbul Chamber of Industry Turkey Manufacturing Sector Export Markets Climate Index reached 52.7 in August, recording an increase for the fourth consecutive month.
Statement from Minister Bolat
Trade Minister Ömer Bolat stated that the index, which was 52.2 in July, rose in August and that this value is the highest level of the last 27 months.
Course Above the Threshold Value
According to the released data, the export climate index in question has continued to stay above the 50 threshold value, which signals growth, since January 2024.
Global Markets and Targets
Trade Minister Ömer Bolat touched upon economic activities in the US, European, and Middle Eastern markets, sharing information regarding the targets of the Medium-Term Program.