Turkish manufacturing capacity utilization edges up in September

Turkish manufacturing capacity utilization edges up in September

Local manufacturing industry units operate at 77.3% of capacity in September, Central Bank survey shows

By Tuba Ongun

The capacity utilization rate of Türkiye's manufacturing industry decreased in September from a month earlier, according to official data released on Monday.

Local manufacturing industry units operated at 77.3% of their capacity this month, improving from 76.1 in August, Turkish Central Bank data showed.

The seasonally adjusted capacity utilization rate in the manufacturing industry gained 1.2 percentage points month-on-month to 76.9% in September.

While the highest capacity utilization in September was in investment goods at 78.3%, 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.

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