A solid slowdown in Turkish manufacturing during July can be seen in the Istanbul Chamber of Industry Türkiye Manufacturing Purchasing Managers’ Index (PMI) for the month, released on August 1. The headline PMI reading fell for the fifth consecutive month in July, posting 47.2 from 47.9 in June (any figure below 50.0 marks a contraction). Survey compiler and publisher S&P Global said the deterioration was the most pronounced since a similar slowdown seen last November. Andrew Harker, economics director at S&P Global Market Intelligence, said: ‘There was little sign of any respite for Turkish m…