Turkey’s manufacturing confidence index rose to 103.50 in June 2026 from 103.30 in the previous month, marking the highest reading since February. The improvement was driven by stronger expectations for production and investment, with output over the next three months rising to 117.6 from 114.3 and fixed investment expenditure increasing to 112.4 from 109.8. Firms also reported a slight improvement in demand conditions, as total orders over the past three months edged up to 106.6 from 105.5, while expectations for total orders in the coming three months rose to 106.6 from 105.4. Current orders improved modestly to 88.4 from 87.5, although export order expectations softened to 112.5 from 116.3. Employment expectations eased slightly to 103.9 from 105.4, suggesting a more cautious outlook on hiring. Meanwhile, inventories of finished goods declined to 95.8 from 97.4, while sentiment regarding the general business situation improved marginally to 90.9 from 90.4.

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