Türkiye’s capacity utilization rate ticks up in November

Türkiye’s capacity utilization rate ticks up in November

Capacity utilization rate up 0.1 percentage points month-on-month in November

The capacity utilization rate for the Turkish manufacturing industry rose to 74.1% in November, a Turkish Central Bank survey said Monday.

The figure was up 0.1 percentage points from October.

The highest utilization in November was 75.2% for intermediate goods, up 0.2 percentage points from October.

In addition, the lowest utilization rate was 69.9% in durable consumer goods, increasing 0.6 percentage points.

Broken down by sector, the highest capacity usage was in the manufacture of tobacco products at 85.2%, while the lowest, 62.6%, was in leather products.

The capacity utilization rate figures are based on responses from a business tendency survey of local manufacturing units.

The Turkish Central Bank said 1,791 com