Economy

Turkiye’s manufacturing capacity inches up in May

Manufacturing capacity utilization rate stands at 78%, up from 77.8% a month earlier

Aysu Biçer   | 23.05.2022
Turkiye’s manufacturing capacity inches up in May

ANKARA

Turkiye’s manufacturing industry used 78% of its production capacity in May, posting a slight rise from a month ago, the country's Central Bank said Friday.

The capacity utilization rate (CUR) of the manufacturing industry inched up by 0.2 percentage points from 77.8% in April.

The CUR figures are based on the responses given to a business tendency survey by local units operating in the manufacturing industry, according to the bank.

Among the main industrial groups, the highest CUR was 80% for intermediate goods, while the lowest was 74.4% for durable consumer goods.

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