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
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