Turkish manufacturing capacity utilization up in November

Local manufacturing industry units operate at 77.5% of capacity in November, survey shows

The capacity utilization rate of Turkiye’s manufacturing industry increased month-on-month in November, according to official data released on Friday.

Turkish Central Bank data showed that local manufacturing industry units operated at 77.5% of their capacity this month,rising by 0.7 points from last month.

The seasonally adjusted capacity utilization rate in the manufacturing industry increased 0.6 points from October to 78% in November.

While the highest capacity utilization in September was in investment goods at 78.9%, the lowest was in non-durable consumer goods at 73.3%.

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

Source: aa

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