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Turkey’s capacity utilization rate hits 32-month high in June

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/06/2016 (13:51)
According to data released by the Central Bank of the Republic of Turkey, Turkey’s capacity utilization rate climbed 0.4% to 76.1% in June. This represented the highest rate seen since October 2013. The seasonally adjusted capacity utilization rate in the manufacturing sector, however, edged down by 0.1% to 75.3%.

The data revealed that capacity utilization in food and beverages and durable goods rose to 69.5% and 71.5%, respectively in June while capacity utilization rate non-durable goods declined to 72% from 72.1%. In intermediate goods and investments goods, meanwhile, capacity utilization remained stable at 76.8% and 77.8%, respectively in June.
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