Türkiye's manufacturing industry capacity utilization rate at 74.2%

The capacity utilization rate across the Turkish manufacturing industry rose by 0.7 percenrage points in September to reach 74.2%.

The Central Bank of the Republic of Türkiye (CBRT) announced that among the main industrial groups, the highest utilization rate in September was 74.5% in intermediate goods, down 0.2 percentage points from the previous month.

At the other end, durable consumer goods recorded the lowest rate at 66.4%, a decline of 1.8 percentage points month-on-month.

By sector, the manufacture of wood products posted the highest capacity usage at 83.7%, while the lowest rate, 59.8%, was recorded in the leather industry.

The figures are based on responses to a business tendency survey of domestic manufacturing units.

The Turkish Central Bank said 1,982 companies participated in the survey this month, adding that the data does not reflect the bank’s views or forecasts.