Turkish manufacturing sector's capacity utilisation up in Nov to 76.1%

26 Nov '24

1 min read

Turkish manufacturing sector's capacity utilisation up in Nov to 76.1%

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The Turkish manufacturing industry's capacity utilisation rate increased in November, reaching 76.1 per cent, according to data from the country's central bank.
The figure was an improvement of 1.2 percentage points over the previous month, the Central Bank of the Republic of Turkiye said.
The rate rose by 0.4 percentage points on a seasonally adjusted basis, reaching 75.6 per cent in November.

The Turkish manufacturing industry’s capacity utilisation rate increased in November, reaching 76.1 per cent, according to data from the country’s central bank.

The capacity utilisation rate is a key indicator of how much of an industry's productive potential is used, providing insights into overall economic activity.

The figure was an improvement of 1.2 percentage points over the previous month, the Central Bank of the Republic of Turkiye (CBRT) said.

The rate rose by 0.4 percentage points on a seasonally adjusted basis, reaching 75.6 per cent in November, domestic media outlets reported.

Intermediate goods production had the highest utilisation rate at 75.5 per cent, while durable consumer goods recorded the lowest, at 72 per cent.

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