Turkey’s capacity utilization dips to 44-month-low in Nov

Data released by the Central Bank of the Republic of Turkey showed that the country’s capacity utilization in the manufacturing sector declined by 1.3% on a monthly basis to 74.1% in November.
This monthly decline marked the lowest level since March 2015.

The seasonally adjusted capacity utilization rate in the manufacturing industry also declined 1.3% on a monthly basis to 73.7 % in November.

Turkey’s capacity utilization rates for durable and non-durable goods fell by 1.30% to 74.1% and by 1.5% to 69.8%, respectively. Capacity utilization rates for consumer goods remained unchanged, while the food and beverage sector increased by 1.2% to 74.2% during the month.