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Turkish manufacturing capacity rises to 77.3% in Mar from 76.6% in Feb

28 Mar '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The capacity utilisation rate of Turkiye's manufacturing sector increased to 77.3 per cent in March, posting a slight rise from 76.6 per cent in February, according to the Central Bank of the Republic of Turkiye (CBRT). The monthly data does not reflect the bank's views or predictions, it said, adding that 1,761 companies responded to the survey in March.

The capacity utilisation rate (CUR) figures are based on the responses given to a business tendency survey by local units operating in the manufacturing industry, according to the bank.

Among the main industrial groups, the highest CUR was 78.7 for intermediate goods, while the lowest was 75 per cent for durable consumer goods, according to Turkish media outlets.

Fibre2Fashion News Desk (DS)

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