In July this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 75.2 percent, up from 74.4 percent recorded in June, while the capacity utilization rate in the Turkish basic metal manufacturing industry was 77.2 percent in July 2023, according to the provisional data released by the Central Bank of Turkey.
Meanwhile, in the given month, the capacity utilization rate in the manufacture of metal products, except machinery and equipment was 71.3 percent, down from 72.5 percent recorded in June and down from 74.6 percent in July 2023.
The capacity utilization rate in Turkey’s general manufacturing industry, on the other hand, was at 75.9 percent in July this year, down from 76.3 percent in the previous month and down from 77.1 percent in the same month of 2023.