Turkish manufacturing capacity utilisation rate stable at 75.6% in Dec

However, the seasonally adjusted capacity utilisation rate dropped by 0.3 percentage points to 75.8 per cent in December, said the Central Bank of the Republic of Turkiye (CBRT).

The country’s durable consumer goods recorded the lowest in December at 73.6 per cent, while intermediate goods manufacturing achieved the highest capacity utilisation rate at 75.5 per cent.

The data is based on responses from 1,754 companies participating in a business tendency survey, a Turkish news agency reported.

The capacity utilisation rate of Turkiye’s manufacturing industry had reached 76.1 per cent in November, an improvement of 1.2 percentage points over the previous month.

ALCHEMPro News Desk (SG)