Istanbul Chamber of Industry (ICI) Released the February 2025 Report on Manufacturing PMI Developments in the World

• 14.03.2025
• News

Istanbul Chamber of Industry (ICI) released the February 2025 Report on the developments in the Global Manufacturing Purchasing Managers’ Index (PMI) in the World. The Global Manufacturing PMI rose to 50.6 in February from 50.1 in January. It was also the highest level in the last 8 months and above the 50.0 threshold value for the second consecutive month, pointing to a moderate improvement in business conditions. The acceleration in new orders and output growth played a key role in the improvement. The downtrend in export orders reached 9 months, but at the lowest rate of this period. Although the contraction in employment continued for 7 months, it lost pace compared to January. 

Inflationary pressures continued to increase. Input and finished goods prices recorded the most significant increases in 25 and 8 months, respectively. The index was above 50.0 in 15 of the 33 national economies for which PMI data are available. In 8 of these countries, growth accelerated compared to the previous month. Another positive development was the slowdown in contraction observed in 11 of the 17 countries which were below the threshold. The details of the report are as follows: