Turkish capacity utilisation rate declines slightly in February.

By bne IntelliNews February 24, 2014

The manufacturing capacity utilisation rate (CUR) declined to 73.3% in February from 73.9% in January, the statistics institute TUIK said on Monday. The CUR stood at 72.2% in the same month of 2013. Note that, the CUR plummeted to 73.9% in January from 76% in December 2013.

The seasonally adjusted CUR was 74.4% in February, slightly lower than the previous month’s 74.6%.

The CUR in the durable consumer goods industry rose to 70.4% from 68.6% while the utilisation rate in the consumer goods sector advanced to 72.2% versus 71.9%. The food industry’s CUR fell slightly to 70.5% from 70.7%, the utilisation rate in the intermediate goods industry increased to 76.1% from 75.7%. The CUR in the capital goods manufacturing industry declined to 70.9% from 73.7%.

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