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Capacity utilization rate of Türkiye’s manufacturing sector stable in December

Manufacturing industry operates at 75.6% capacity, unchanged from 1 month ago, Central Bank data shows

Emir Yıldırım  | 25.12.2024 - Update : 25.12.2024
Capacity utilization rate of Türkiye’s manufacturing sector stable in December

ISTANBUL 

Türkiye’s manufacturing capacity utilization rate was stable at 75.6% in December, according to data the country’s Central Bank released Wednesday.

The rate was unchanged from November’s rate, while the seasonally adjusted figure fell 0.3 percentage points to 75.8%.

The capacity utilization rate is a key indicator of how much of an industry’s productive potential is being used, providing insight into overall economic activity.

Intermediate goods manufacturing recorded the highest utilization rate at 75.5% in December, while durable consumer goods saw the lowest at 73.6%.

The figures are derived from responses to a business tendency survey with the participation of 1,754 companies.

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