The Turkish manufacturing industry’s capacity utilization rate (CUR) increased month-on-month in September, marking the fourth straight monthly rise, fresh data showed on Sept. 24.
The local manufacturing industry units operated at 78.1% of their capacity this month, up one point from August, according to a Turkish Central Bank survey released on Friday.
Among the main industrial groups, the highest CUR was 79.9% for intermediate goods, while the lowest was 72.5% for food and beverage.
On the sectoral side, the highest capacity usage was in the manufacturing of wood and wood/cork products, excluding furniture, at 84.5% in
September, while the lowest was in leather production with 63.7%.
The figures are based on responses to the bank’s business tendency survey by local units operating in the manufacturing industry, the bank said.
The monthly data collected from 1,765 companies in September does not reflect the bank’s views or predictions, it added.