Turkish manufacturing capacity up in September

Manufacturing capacity utilization rate at 77.4%, up from 76.7% in August, says Central Bank

By Aysu Bicer

ANKARA (AA) – The capacity utilization rate (CUR) in the Turkish manufacturing industry went up in September, the country’s Central Bank announced on Monday.

Local manufacturing industry units are operating at 77.4% of their capacity this month, up from the August figure of 76.7%, according to a survey by the bank.

Among the main industrial groups, CUR was highest in investment goods at 78.3%, while the lowest was 74.3% for non-durable consumer goods.

CUR figures are based on the responses of local units operating in the manufacturing industry to a business tendency survey.

The monthly data, collected from 1,744 companies in September, does not reflect the bank’s views or predictions, the Central Bank said.

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