Economy

Turkey: Manufacturing capacity use hits 15-month high

This month manufacturing capacity utilization rate rose to 77.2%, highest level since August 2018, says Central Bank survey

Tuba Sahin   | 25.11.2019
Turkey: Manufacturing capacity use hits 15-month high

ANKARA 

Turkey’s manufacturing industry used 77.2% of its capacity in November, its highest level in the last 15 months, the country's Central Bank reported on Monday.

The capacity utilization rate (CUR) of the Turkish manufacturing industry rose 0.8 percentage points from last month, compared to 76.4% in October, the bank survey said.

The figure in August 2018 was 77.8%.

The CUR 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 1,786 companies responded to the survey this month, the bank said.

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