Manufacturing capacity use hits 15-month high

Published 25.11.2019 23:19
Updated 20.12.2019 01:55
File Photo
File Photo

Turkey’s manufacturing industry used 77.2% of its capacity in November, its highest level in the last 15 months, the Central Bank of the Republic of Turkey (CBRT) reported yesterday.

The capacity utilization rate (CUR) of the Turkish manufacturing industry rose 0.8 percentage points from last month, compared to 76.4% in October, the bank survey said. The figure was 77.8% in August 2018.

The CUR figures are based on the responses given to its business tendency survey by local units operating in the manufacturing industry, according to the bank.

Some 1,786 companies responded to the survey this month, the bank said.

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