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Turkish manufacturing capacity utilization remains stable in June

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The capability utilization fee of Türkiye’s manufacturing sector remained broadly steady in June in comparison with a month earlier, in keeping with official knowledge launched on Monday.

Local manufacturing trade items operated at 76.3% of their capability this month, in keeping with knowledge from the Central Bank of the Republic of Türkiye (CBRT).

The seasonally adjusted capability utilization fee within the manufacturing trade edged decrease by 0.4 factors from May to 76.2% in June.

While the very best capability utilization this month was in intermediate items at 76.3%, the bottom was in non-durable client items at 73.6%.

Capacity utilization fee figures are based mostly on the responses to a business tendency survey of native items working within the manufacturing trade.

The central financial institution stated 1,738 corporations responded to the survey this month, and the information doesn’t mirror the financial institution’s views or predictions.

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