# (ANALYSIS - Daily Bulletin (BFRC))

> Turkey's ISO manufacturing PMI fell to 47.3 in October from 47.9, marking the 31st month of contraction, with new orders falling at the sharpest pace in three months. Consumer confidence rose 1.8 points to 70.4. CBRT gross reserves fell 6.9 billion dollars to 162.2 billion in the week to 23 October.

- Date: 2026-11-03 · published 2026-11-03T06:10:30.656Z
- Category: report · region Turkey · magnitude low
- Page: https://feedsoft.ai/events/77109-analysis-daily-bulletin-bfrc
- Commodities: [Turkish Lira (TRY per USD)](https://feedsoft.ai/c/USDTRY.md)

## Why it matters

Weak Turkish factory demand and falling reserves point to lower feed demand and continued lira pressure. The effect on world feed prices is small.

## Sources

- bigpara.hurriyet.com.tr: https://bigpara.hurriyet.com.tr/haberler/araci-kurum-raporlari/analiz-gunluk-bulten-bfrc_ID102281158/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.