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Turkish manufacturing industry capacity utilisation rate rises in Apr

25 Apr '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • The capacity utilisation rate of Türkiye's manufacturing industry increased in April this year, as local manufacturing industry units operated at 75.6 per cent of their capacity—up by 1.4 percentage points from March, according to Turkish Central Bank data.
  • The highest capacity utilisation was recorded in investment goods at 79.1 per cent.
The capacity utilisation rate of Turkiye's manufacturing industry increased in April this year, as local manufacturing industry units operated at 75.6 per cent of their capacity—up by 1.4 percentage points from March, according to Turkish Central Bank data.

While the highest capacity utilisation was recorded in April in investment goods at 79.1 per cent in April, the lowest was seen in durable consumer goods at 71.9 per cent.

The seasonally-adjusted capacity utilisation rate in the manufacturing industry increased by 1.9 percentage points to 75.4 per cent in December last year, down from 73.5 per cent in November.

The bank said 1,718 companies responded to the survey this month.

ALCHEMPro News Desk (DS)

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