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FinancialNews


  • 26-08-21

    Turkish manufacturing industry’s capacity utilization rate increases in August

    (MENAFN)Based on data released recently, the Turkish manufacturing industry’s capacity utilization rate (CUR) rose month-on-month in August, marking the third straight monthly improvement.

    A Turkish Central Bank survey showed that local production industry units operated at 77.1 percent of their capacity this month, increased 0.4 points from July.

    The highest CUR was 78.9 percent among the main industrial groups for intermediate goods, as the lowest reached 71.4 percent for food and beverages.

    The highest capacity usage was in the manufacturing of wood and wood/cork products, the sectoral side, excluding furniture, at 84.5 percent in August

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