Turkish manufacturing capacity utilization rate stable in June

Local manufacturing industry units operated at 76.3% of capacity this month, survey shows

The capacity utilization rate of Türkiye’s manufacturing industry remained stable compared to a month earlier in June, according to official data released on Monday.

Local manufacturing industry units operated at 76.3% of their capacity this month,the Turkish Central Bank’s data showed.

The seasonally adjusted capacity utilization rate in the manufacturing industry edged lower by 0.4 points from May to 76.2% in June.

While the highest capacity utilization this month was in intermediate goods at 76.3%, the lowest was in non-durable consumer goods at 73.6%.

Capacity utilization rate figures are based on the responses to a business tendency survey of local units operating in the manufacturing industry.

The Turkish Central Bank said 1,738 companies responded to the survey this month, and the data does not reflect the bank’s views or predictions.

Source: aa

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