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Turkey’s capacity utilization rates further down in Jan

by ChemOrbis Editorial Team - content@chemorbis.com
  • 25/01/2021 (10:56)
According to data from the Central Bank of the Republic of Turkey (TCMB), the overall capacity utilization rate in the manufacturing industry declined by 0.2 point on a monthly basis to 75.4% in January.

January marked the third decrease in capacity utilization rates.

Two out of five major industrial groupings witnessed decreases on the month. The capacity utilization rate in consumer goods and non-durable goods respectively decreased by 0.3% and 0.4% from December, while the index remained unchanged at 74.6% in investment goods.

On the other hand, capacity utilization rates in the production of durable consumer goods and intermediate goods both edged up by 0.2% compared to December.
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