Kazakhstan's manufacturing remained under pressure in May, PMI data shows
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Turkey's unemployment rate edged down from 10.8% in January to 10.6% in February, national statistics institute TUIK announced on May 15.
The latest figures also showed the non-agriculture unemployment rate declining from 12.7% in January to 12.5% in February while the youth unemployment rate fell from 19.9% to 19%.
The labour force participation rate edged up from 52.1% in January to 52.2% in February.
The number of unemployed fell from 3.41mn in January to 3.35mn in February. The number of employed persons increased by 1.21mn from February 2017 to February 2018.
Turkey’s employment agency plans to enable 1.25mn people to become employed over the course of 2018, Labour and Social Security Minister Julide Sarieroglu said in March.
Turkey's unemployment rate did not budge in 2017, remaining at the same 10.9% rate recorded for the previous year.
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Kazakhstan's manufacturing remained under pressure in May, PMI data shows
New orders decrease slightly. Record reductions in backlogs and stocks of finished goods.
Near-stabilisation of business conditions in Turkish manufacturing recorded by May PMI
Index at highest since March 2024. However, “safety stock building amid disruption caused by war in Middle East” was a factor.
Weaker investment and consumption hold back Polish GDP expansion in Q1
Poland's GDP grew 3.5% y/y in the first quarter, as household consumption and investment both weakened.
Turkey releases official 1Q GDP growth at 2.5% y/y
The civil servants of economic management tend to release a lower figure in the initial digestion, before revising it up in following releases.
