Turkish capacity utilisation rate rises to 76% in December.

By bne IntelliNews December 25, 2013

The capacity utilisation rate (CUR) in Turkish manufacturing industry increased from 75.6% in November to 76% in December.

The CUR remained above the 2013 average of 74.6% in the month. The monthly average CUR was 74.2% in 2012.

The seasonally-adjusted CUR also rose from 75% in November to 75.9% in December.

Data show that the capacity utilisation rate in the durable consumer goods industry slightly retreated from 73% in November to 72.9% in December while the CUR in the consumer goods manufacturing sector remained unchanged at 73.8%.

The capital goods industry’s CUR rose from 74.9% to 76.1% and the CUR in intermediate goods manufacturing sector increased from 77.3% to 77.8%. The food & drinks sector’s CUR also remained unchanged at 73.4% in December.

Earlier this month, the statistics institute (TUIK) announced that the rate of turnover growth in manufacturing industry eased to 6.8% y/y in October from 16.6% in September.

Manufacturing output rose 4.9% y/y in Q3 versus a 3.7% in Q2, according to TUIK’s GDP data.

According to TUIK’s industrial production index data, the manufacturing industry’s output growth slowed to 0.9% y/y in October from 8% y/y in September. In unadjusted term, manufacturing production was down 0.5% y/y in October.

PMI climbed to a 32-month high of 55 in November as output growth accelerated. Turkish manufacturing firms reported a sharp increase in production in November as new order growth accelerated at the quickest pace in over two-and-a-half years. Companies reported stronger demand from both domestic and foreign markets.

Related Articles

Turkey postpones plan to sell firms seized after coup attempt

Turkey has put on hold its plan to sell almost 600 companies worth about $10bn seized in the aftermath of the failed military coup, people familiar with the matter told Bloomberg on March 23. The ... more

Turkey to maintain EU economic relations but review political ties, says Erdogan

Turkey will maintain its commercial ties with the European Union but will review its political and administrative ties with the bloc after the April 16 referendum, Turkish President Recep Tayyip ... more

Turkey easily tops table for Twitter content removal requests

Turkey accounted for more than half of all content removal requests received worldwide by Twitter during the second half of 2016, according to the social media company’s ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss