In March 2024, the seasonally and calendar adjusted SAMEKS Composite Index gained 2.9 points of momentum compared with the previous month, rising to 53.7 and maintaining its course above the reference value. In this period, the Services Sector SAMEKS Index recorded an increase of 2.8 points compared with the previous month, rising to 52.6. The Industry Sector SAMEKS Index also gained 4.6 points of pace compared with the previous month and stood at 54.5.

The increase in the services sector was driven by the revival observed in input purchases; on the other hand, the flat picture of the business volume sub-index, which maintained its course below the reference value, continued in this period as well. The industry sector, meanwhile, gained buoyancy with the effect of the increase in new orders, and thus a visible rise in momentum was recorded in production for the sector compared with the previous month. As a result of these developments, the SAMEKS Composite Index, which stood at 53.7, signalled that the buoyant outlook for economic activity continued in March 2024 as well.

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