TODAY’S – Turkish October manufacturing capacity usage rises to 74.9 pct

Turkish October manufacturing capacity usage rises to 74.9 pct Turkeyand#39s manufacturing industry capacity utilization rate surged 05 percent in October to 74.

9 percent compared to the previous month, the central bank announced on Monday.The rate in October of this year was 15 percent lower than the same month in 2013.

Mondayand#39s figures also showed that the seasonally-adjusted data remained unchanged at 74 percent from September to October Meanwhile, Turkeyand#39s manufacturing confidence index fell to 106.9 points in October from 107.

6 points in September, the central bank data also showed. A drop below the 100-point mark designates a shift from optimism to pessimism.

SOURCE: Today’s Zaman

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