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Turkish manufacturing biz conditions moderate further at Q3 2025 end

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Turkish manufacturing biz conditions moderate further at Q3 2025 end



Business conditions further moderated at the end of the third quarter (Q3) this year in the Turkish manufacturing sector, according to manufacturing purchasing managers’ index (PMI) data from the Istanbul Chamber of Industry.

The headline manufacturing PMI posted 46.7 in September, down from 47.3 in August to signal a further easing in the health of the manufacturing sector.

Business conditions further moderated at the end of Q3 2025 in the Turkish manufacturing sector, according to manufacturing PMI data from the Istanbul Chamber of Industry.
Firms again recorded slowdowns in new orders and output and were reluctant to commit to hiring or the fresh purchasing of inputs.
Firms were also left with excess finished products, which they added to inventories.

Firms again recorded slowdowns in new orders and output and were reluctant to commit to hiring or the fresh purchasing of inputs, S&P Global Ratings, which compiled the data, said in a release.

Meanwhile, inflationary pressures strengthened, but remained muted relative to the respective series averages.

In fact, business conditions have now moderated on a monthly basis throughout the past year-and-a-half.

Anecdotal evidence from the survey continued to signal a challenging demand environment for firms. This led to further slowdowns in new orders and exports, in turn resulting in a solid scaling back of manufacturing production.

Softer new order inflows meant that manufacturers were able to deplete outstanding business, which was reduced to the largest extent for almost a year. Firms were also left with excess finished products, which they added to inventories, resulting in the first increase in post-production stocks in three months.

Given muted workloads, firms were reluctant to take on additional staff in September, and noted a preference for using existing stocks of inputs to support production over the purchasing of additional materials.

As a result, employment, input buying and pre-production inventories all moderated solidly at the end of the third quarter.

Currency weakness again contributed to a rise in input costs in September. The pace of inflation quickened to a three-month high and was sharp, albeit still weaker than the series average. This was also the case with regards to output prices, which increased at the fastest pace since April.

Fibre2Fashion News Desk (DS)



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PPI for RMG manufacturing in Philippines up 0.7% YoY in Nov 2025

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PPI for RMG manufacturing in Philippines up 0.7% YoY in Nov 2025



The producer price index (PPI) in the Philippines for the manufacturing sector posted a slower year-on-year (YoY) increase of 0.1 per cent in November last year from a 0.5-per cent YoY rise in October.

In November 2024, it saw a YoY increase of 0.5 per cent.

The Philippine manufacturing producer price index (PPI) posted a slower YoY rise of 0.1 per cent in November 2025 from a 0.5-per cent YoY rise in October.
It also exhibited a slower month-on-month (MoM) rise of 0.2 per cent in the month from a 0.6-per cent rise in October.
The PPI for readymade garments manufacturing rose by 0.7 per cent YoY and decreased by less than 0.05 per cent MoM in November 2025.

The deceleration in November 2025 was primarily due to the 0.1-per cent YoY decline in the PPI for manufacture of transport equipment from a 1-per cent YoY increase in October 2025.

The manufacture of transport equipment contributed 25.8 per cent to the slower annual growth rate of PPI for manufacturing in the month.

The manufacturing PPI also exhibited a slower month-on-month (MoM) increase of 0.2 per cent in the month from a 0.6-per cent rise in October. It posted a 0.6-per cent MoM increase in November 2024.

The PPI for readymade garments manufacturing rose by 0.7 per cent YoY and decreased by less than 0.05 per cent MoM in November 2025, a release from the Philippines Statistics Authority (PSA) said.

The value of production index (VaPI) for the manufacturing section registered a YoY decrease of 1.4 per cent in November last year from a 1.5-per cent YoY increase in October. In November 2024, it recorded a YoY decline of 4.1 per cent.

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Drewry WCI jumps 16% on Transpacific & Asia-Europe rate hikes

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Drewry WCI jumps 16% on Transpacific & Asia-Europe rate hikes



The Drewry World Container Index (WCI) surged 16 per cent to $2,257 per 40-foot equivalent unit (FEU) for the week ending January 8, 2026, according to Drewry’s weekly WCI report.

The index recorded a sharp increase, mainly due to rate hikes on the Transpacific and Asia–Europe trade routes.

Drewry’s World Container Index jumped 16 per cent to $2,257 per FEU in the week ending January 8, 2026, driven by sharp rate hikes on Transpacific and Asia–Europe routes.
Spot rates rose strongly from Shanghai to Europe and the US amid higher FAK charges.
However, rising capacity and soft Asia–US volumes suggest the surge may be short-lived.

Spot rates on the Shanghai–Genoa route increased 13 per cent to $3,885 per 40-foot container, while those on Shanghai–Rotterdam rose 10 per cent to $2,840 per 40-foot container. This upward momentum was driven by higher Freight All Kinds (FAK) rates implemented by carriers.

Spot rates from Shanghai to Los Angeles surged 26 per cent to $3,132 per 40-foot container, while rates from Shanghai to New York climbed 20 per cent to $3,957 per 40-foot container.

Rates from New York to Rotterdam remained steady at $966 per FEU, while Rotterdam to New York increased 2 per cent to $1,685 per FEU. Freight rates on the Rotterdam–Shanghai route rose 3 per cent to $504, while Los Angeles–Shanghai rates increased 1 per cent to $721 per 40-foot container.

Container shipping capacity rose 7–10 per cent month on month on both Asia–North American routes and 5–7 per cent on Asia–North Europe/Mediterranean routes in January. However, anecdotal evidence points to soft volumes from Asia to the US, suggesting these sharp increases appear opportunistic and are unlikely to be sustained.

Fibre2Fashion News Desk (KUL)



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Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports

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Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports


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Reuters

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January 9, 2026

Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News ⁠reported on Friday, citing people familiar with the matter.

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., January 6, 2026 – REUTERS/Angelina Katsanis

The ⁠owner of New York’s century-old Fifth Avenue flagship store is preparing ‍to ‌file for bankruptcy without a restructuring ⁠deal in ‌place, though it aims ‌to craft one in the coming weeks, according to the report.

The company is also in ‍advanced discussions on about $1.25 billion debtor-in-possession financing package with creditors, which ‌would ⁠allow ​it to keep its ⁠business ​running during bankruptcy and pay vendor dues, the report added.

Saks ​Global did not immediately respond to a Reuters ⁠request for comment.

© Thomson Reuters 2026 All rights reserved.



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