Textile

Turkiye's manufacturing capacity utilisation drops to 75.7% in Feb

24 Feb '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

The Turkish manufacturing industry’s capacity utilisation rate fell by 0.1 percentage points to 75.7 per cent in February, and seasonally adjusted, it declined by 0.1 percentage points to 75.2 per cent during the month, according to recent data from the Central Bank of the Republic of Turkiye (CBRT). Durable consumer goods had the lowest rate of 71.4 per cent.

On the sectoral side, the highest capacity usage was in manufacturing motor vehicles, trailers, and semi-trailers, at 82.1 per cent, while the lowest rate of 66.5 per cent was in beverage products.

The bank said 1,678 companies responded to the survey this month.

Fibre2Fashion News Desk (DS)

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