Capacity utilization rate in Türkiye increased to 75.4% in April, up from 73.5% in March

April 29, 2023

Turkish Central Bank’s data shows an improvement in Türkiye’s manufacturing sector, with the capacity utilization rate (CUR) rising to 75.4% in April, up from 73.5% in March. The non-durable goods sector saw a significant increase in CUR, climbing from 71.7% to 73.4%, while the durable consumer goods industry inched up from 71.7% to 71.9%. The capital goods sector had a favorable CUR of 79.1% in April, compared to 78.6% in the previous month. The Investment Tendency Survey for spring also revealed a growth in gross investment expenditure in the manufacturing sector. Investments in machinery and equipment manufacturing increased by 41.6% last year, while investments in land, building, and infrastructure grew by 30.2% and 20.4%, respectively.

Source: Hürriyet Daily News
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