Türkiye's manufacturing capacity shows modest October increase

Türkiye's manufacturing sector recorded a slight rise in its capacity utilization rate for the month of October, according to the latest official data from the Turkish Central Bank. The figures point to a cautiously positive trend in the nation's industrial production landscape.

Monthly and Sectoral Breakdown

The central bank's survey revealed that the rate climbed to 74% in October, marking a 0.2 percentage point increase from the revised 73.8% recorded in September. This key economic indicator for the Turkish manufacturing industry is closely watched as a signal of industrial health and economic momentum.

Top and Bottom Performing Sectors

A deeper look into the data shows varying performance across different industries. The manufacture of intermediate goods led the way with a high capacity usage of 75%. In a stark contrast, the durable consumer goods sector reported the lowest utilization rate at 69.3%, highlighting a divergence in demand and production levels within the broader Turkish economy.

Survey Methodology and Scope

The published capacity utilization rate is derived from the bank's regular business tendency survey, which does not represent the institution's official forecasts. For the October report, responses were gathered from 1,828 local manufacturing companies across Türkiye, providing a comprehensive snapshot of the sector's operational capacity.