By Muhammed Ali Gurtas
ANKARA (AA) – Turkey’s capacity utilization rate of the manufacturing industry stood at 77.1 percent in July, the Central Bank of the Republic of Turkey (CBRT) announced on Monday.
The capacity utilization rate (CUR) saw a 1.2-percentage point monthly fall, compared with 78.3 percent in June, according to the CBRT.
The bank stated that CUR figures are based on the responses given to the CBRT business tendency survey by local units operating in the manufacturing industry.
The CBRT noted that the monthly data does not reflect the bank’s views or predictions while some 2,100 companies responded to the survey in July.
