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%.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Despite local elections defeat Erdogan “remains in control” at head of “super-executive regime”, says analyst

Despite his AKP party’s defeat in the weekend’s local elections, Turkish President ... more

Turkish footwear manufacturers step up investments in Uzbekistan’s leather and footwear industries

Turkish footwear manufacturers are stepping up their investments in Uzbekistan’s leather and footwear industries, according to local reports. A $1mn investment in the manufacture of leather, ... more

Shipping companies latest to feel effects of “West’s very tight blockade against Turkey’s banking system", says report

Shipping companies are the latest to feel the effects of “the West’s very tight blockade against the Turkish banking system”, according to a report by Turkish publication Ekonomim. In ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss