Turkey's manufacturing capacity up in September

Turkey's manufacturing capacity up in September

Manufacturing capacity utilization rate rises to 74.6% in September, says Turkish Central Bank

By Aysu Bicer

ANKARA (AA) - Turkey’s manufacturing industry used 74.6% of its capacity in September, the country's central bank said on Thursday.

The capacity utilization rate (CUR) of the sector rose 1.3 percentage points on a monthly basis, the bank survey showed.

The figures are based on the responses given to its business tendency survey by local units operating in the manufacturing industry, according to the bank.

Some 1,741 companies responded to the survey this month.

Among the six main industrial groups, the highest capacity usage was 76% for intermediate goods, while non-durable consumer goods posted the lowest rate with 71.1%.

In September, among more than 20 sectors, the highest CUR was posted by manufacturers of paper and paper products at 83.6%, and the lowest capacity usage was seen in manufacturers of leather products at 60.4%.

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