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AlwaysFree: Turkey’s Manufacturing Capacity Increased In August: Central Bank

Author: SSESSMENTS

Turkey’s central bank released data that Turkey’s manufacturing industry in August used 73.3% of its capacity, and the capacity utilization rate (CUR) of the sector up by 2.6 percentage points on a monthly basis according to the survey. The survey figures are based on responses given to business tendency by local units operating in the manufacturing industry, with a respondent of 1,761 companies. 

From six main industrial groups, the highest capacity usage was 75.2% in the durable consumer goods, and non-durable consumer goods showing lower figures showing the lowest rate with 68.94%.

   

The highest CUR in August was shown in manufacturers of wood and wood and cork products (exclude furniture) with 83.8%, and the lowest posted CUR was in the leather products manufacturers with 58.1%.

Tags: All Products,AlwaysFree,English,Europe,Turkey

Published on August 27, 2020 6:30 AM (GMT+8)
Last Updated on August 27, 2020 6:30 AM (GMT+8)