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The Export Climate Index declined in June from its peak of the past year

FCHAIN Türkiye Office informs: In June, the Istanbul Chamber of Industry’s Türkiye Manufacturing Sector Export Climate Index remained above the threshold value of 50.0, indicating that the demand conditions in Turkish export markets improved on a monthly basis for the sixth consecutive month. The index had risen to 52.8 in May, reaching its highest level since April 2023.

The Istanbul Chamber of Industry Türkiye Manufacturing Sector Export Climate Index remained above the threshold value of 50.0 in June, indicating that the demand conditions in Turkish export markets improved on a monthly basis for the sixth consecutive month. However, the index declined from 52.8 in May to 51.6 in June, marking the lowest level since March and suggesting a slowdown in the strengthening of the export climate. All readings above the threshold value of 50.0 indicate an improvement in the export climate, while values below 50.0 indicate deterioration.

  • Author: Gunel Musa

Public Relations Manager

24.07.2024
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