Manufacturing capacity utilization in Türkiye drops in February

Manufacturing capacity utilization in Türkiye drops in February

The capability utilization price of Türkiye’s manufacturing trade declined by 0.1% factors to 75.7% in February, in keeping with official knowledge launched Wednesday.

The seasonally adjusted capability utilization price within the manufacturing trade additionally fell by 0.1% factors to 75.2% this month, the Central Bank of the Republic of Türkiye (CBRT) mentioned.

The financial institution’s knowledge confirmed that the very best capability utilization price of 78.1% was recorded in funding items, whereas sturdy client items had the bottom price of 71.4%.

On the sectoral aspect, the very best capability utilization was in manufacturing motor automobiles, trailers, and semi-trailers, at 82.1%, whereas the bottom price of 66.5% was in beverage merchandise.

Capacity utilization price figures are primarily based on the responses of native items working within the manufacturing trade to a business tendency survey.

The Central Bank mentioned 1,678 corporations responded to the survey this month, including that the info doesn’t replicate the financial institution’s views or predictions.

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