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Business & Finance

Turkish capacity usage rate rises to 74.6pc in Sept: central bank

  • The rate, which is a measure of how much of the economy's potential output is being used, has recovered strongly since hitting a decade low of 61.6pc in April.
Published September 24, 2020 Updated September 24, 2020 04:31pm
By

ISTANBUL: Turkey's capacity utilisation rate climbed to 74.6pc in September from 73.3pc a month earlier, data from the central bank showed on Thursday, rebounding further from lows which it hit due to measures in the spring to combat the spread of the coronavirus.

The rate, which is a measure of how much of the economy's potential output is being used, has recovered strongly since hitting a decade low of 61.6pc in April.

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