Manufacturing activity in Turkey contracted at a more moderate pace in December, registering a second consecutive month of improvement, suggesting a slight easing of operating conditions by the end of 2025, according to a survey published Friday.
New orders declined at their slowest pace since March 2024, with some companies reporting improved customer demand. However, the total order volume, including export orders, continued to fall, illustrating persistent challenges in foreign markets.
Production also declined, but less sharply than in November. Employment fell slightly, while purchasing activity contracted at a slower pace, reflecting continued caution among businesses.
At the same time, production costs have risen sharply due to increased raw material prices. This cost pressure has forced many manufacturers to adjust their selling prices, in a context where demand remains fragile despite recent signs of improvement.
