Manufacturing capacity use inches down in July
Turkey’s manufacturing industry used 76.2 percent of its capacity in July, according to a Central Bank survey released on July 25. The capacity utilization rate (CUR) fell slightly this month, down 0.9 percentage points from 77.1 percent in June. The CUR figures are based on business tendency survey responses of local units operating in the manufacturing industry. The Central Bank of Turkey said while 1,726 companies responded to the survey in July, the monthly data does not reflect the bank’s views or predictions.