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Automotiv_September

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Monthly automotive aftermarket magazine<br />

Turkey’s industrial capacity<br />

usage increases in August<br />

Turkey's manufacturing industry<br />

capacity utilization rate rose<br />

slightly at 77.8 percent in August,<br />

the Central Bank of the Republic<br />

of Turkey (CBRT) announced.<br />

The capacity utilization rate (CUR)<br />

saw a 0.7-percentage point<br />

monthly gain from 77.1 percent<br />

in July, according to the bank.<br />

The bank stated that the CUR<br />

figures are based on the responses<br />

given to its business tendency<br />

survey by local units operating in<br />

the manufacturing industry.<br />

It added that while some 2,607<br />

companies responded to the<br />

survey in August, the monthly<br />

data does not reflect the bank's<br />

views or predictions.<br />

Among over 20 sectors, the<br />

highest capacity usage was seen<br />

in the manufacturing of coal and<br />

refined petroleum products with<br />

88.4 percent in August, while<br />

the lowest CUR was seen in the<br />

leather and related products<br />

sector, with 59.7 percent.<br />

On the main industrial groups<br />

side, the highest CUR was 79.7<br />

percent for intermediate goods,<br />

while the lowest capacity usage<br />

was 71 percent in food and<br />

beverages.<br />

According to CBRT data,<br />

manufacturers of investment<br />

goods used 78.9 percent of their<br />

capacity this month while the<br />

CUR in consumer goods was 73<br />

percent - durable goods at 71.6<br />

percent, and non-durable goods<br />

at 73.3 percent.<br />

Last year, the average capacity<br />

usage in the manufacturing<br />

industry was 78.5 percent. Over<br />

the past five years, the highest<br />

CUR was seen last November with<br />

79.9 percent, and the lowest was<br />

73.5 percent in February 2013.<br />

96 SEPTEMBER 2018

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