Türkiye’s manufacturing capacity utilization falls to 75.9% in December

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The capacity utilization rate of Türkiye’s manufacturing industry declined to 75.9% in December, according to official data released on Monday.

The figure is down by 1 percentage point from 76.9 in November.
The seasonally adjusted capacity utilization rate in the manufacturing industry fell by 0.7 percentage points to 75.9% in December, down from 76.6% in May.

While the highest capacity utilization was recorded in investment goods at 76.8% in December, the lowest was seen in durable consumer goods at 72.1%, the Turkish Central Bank data showed.

Capacity utilization rate figures are based on the responses of local units operating in the manufacturing industry to a business tendency survey.

The Turkish Central Bank said 1,734 companies responded to the survey this month, and the data did not reflect the bank’s views or predictions.—AA