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