Turkiye’s manufacturing capacity inches up in March

By Tuba Sahin

ANKARA (AA) - Turkiye’s manufacturing industry used 77.3% of its production capacity in March, posting a slight rise from a month ago, the country's Central Bank said Friday

The capacity utilization rate (CUR) of the manufacturing industry inched up by 0.7 percentage points from 76.6% in February.

The 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.

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.

Among the main industrial groups, the highest CUR was 78.7 for intermediate goods, while the lowest was 75% for durable consumer goods.