Capacity utilization in the Turkish manufacturing sector decreased modestly in June, after holding steady in the previous month, data released by the central bank showed Thursday.
The capacity utilization rate edged down to 74.6 percent in June from 74.7 percent in May, which was unchanged from the April reading.
Capacity utilization in the consumer goods industry rose to 73.2 percent in June from 72.5 percent in May, while capacity utilization in the intermediate goods industry dropped to 77 percent from 77.2 percent. The capacity utilization rate in the investment goods industry was 72.5 percent in June, down from 73.5 percent recorded in May.
Separately, the agency said industrial confidence in Turkey deteriorated for the second successive month in June. The real sector confidence index dropped to 108.1 points from 113.8 points in May. The sub-indicator that measures respondents' views of the general business situation decreased to 102.9 points from 106.8 points in the previous month, data showed.
by RTT Staff Writer
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