Turkey’s manufacturing capacity up in June

Turkey’s manufacturing industry used 66% of its capacity in June, the Central Bank of the Republic of Turkey (CBRT) said on Wednesday.

The capacity utilization rate (CUR) of the sector rose 3.4 percentage points on a monthly basis, the central 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 1,740 companies responded to the survey this month.

Among the six main industrial groups, the highest capacity usage was 68.9% for food and beverage, while nondurable consumer goods and consumer goods posted the lowest rate, both with 62.4%.

In June, among more than 20 sectors, the highest CUR was posted by manufacturers of paper and paper products at 83.1%, and the lowest capacity usage was seen in manufacturers of leather products at 44.5%.

Source