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flag Turkish manufacturing contracts further in March, PMI drops to 47.3, marking 21 months of declining orders.

flag Turkish manufacturing saw a deeper contraction in March as the Purchasing Managers' Index (PMI) dropped to 47.3 from 48.3 in February. flag This decline reflects weaker output, new orders, employment, and purchasing due to tough market conditions. flag Despite this, input cost inflation eased to a three-month low, and output prices rose more slowly. flag The sector has seen 21 consecutive months of declining new orders.

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