Manufactur­ing index surges in March

Dünya Executive - - OVERVIEW -

Manufactur­ing activity rose sharply in March, hitting its highest level in three years, as new orders and staffing increased, a business survey showed on April 3. The manufactur­ing Purchasing Managers’ Index (PMI) rose to 52.3 in March, from 49.7 in February, according to the Istanbul Chamber of Industry and IHS Markit.

The month-on-month increase was one of the biggest in the 12-year history of the survey and signaled the strongest operating conditions since February 2014.

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