Automotive August 2021

Turkey’s
manufacturing
capacity usage
highest in over a
year in June
The Turkish manufacturing industry’s
capacity utilization rate rose to its highest
level in one and a half years in June on a
monthly basis, according to official data
announced.
The industry used 76.6% of its capacity this
month, up 1.3 percentage points from last
month, a Central Bank of the Republic of
Turkey (CBRT) survey revealed.
The bank said the monthly data, gathered
from 1,746 companies in June, does not
reflect its own views or predictions.
The capacity utilization figures are based
on the responses given to its business
tendency survey by local units operating in
the manufacturing industry, it said.
Among the main industrial groups, the
capacity utilization rate was highest in
intermediate goods with 79.8%, while
the lowest capacity usage was 72.2% in
investment goods.
On the sectoral side, the highest capacity
usage was in the manufacturing of wood
and wood/cork products – excluding
furniture – with 85.6% this month, while
the lowest rate was seen in leather
production with 62.5%.
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