Turkey Manufacturing Capacity Utilisation Rate Holds Steady at 75.6% in December.

The manufacturing industry in Turkey maintained a stable capacity utilisation rate of 75.6% in December 2024, according to data released by the Central Bank of the Republic of Turkey (CBRT). This figure remained unchanged from the previous month, indicating steady performance in the sector.

Adjusted Capacity Utilisation Rate Declines Slightly

The seasonally adjusted capacity utilisation rate, however, showed a minor decline, falling by 0.3 percentage points to 75.8% in December. This dip reflects slight fluctuations in manufacturing activity after seasonal adjustments were factored in.

Sector Performance

  • Durable Consumer Goods: The lowest capacity utilisation rate in December was recorded in the durable consumer goods sector, standing at 73.6%.
  • Intermediate Goods: The intermediate goods sector emerged as the top performer, achieving the highest utilisation rate of 75.5%.

These figures highlight varying levels of demand and efficiency across different segments of Turkey’s manufacturing industry.

Comparative Trends

In November 2024, the capacity utilisation rate of Turkey’s manufacturing industry had reached 76.1%, marking an improvement of 1.2 percentage points from October. Despite this previous increase, December’s rate remained flat, reflecting a stabilization in manufacturing activity.

Data Collection

The statistics are derived from the Business Tendency Survey, with inputs from 1,754 companies across the manufacturing sector. The survey provides insights into industry trends and operational efficiency

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