Turkey's manufacturing capacity utilization rate decreased in August to the lowest level in nearly two-and-a-half years, while factory confidence improved slightly, figures from the central bank showed on Monday.
The capacity utilization rate dropped to 73.5 percent in August from 74.2 percent in the previous month. Further, a similar rate was last seen in March 2023.
On a seasonally adjusted basis, the capacity utilization rate also declined to 73.6 percent in August from 74.1 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.