World Bulletin / News Desk
The bank reported that the capacity utilization rate (CUR) recorded a slight down this month -- 0.5 percentage point --, compared with 77.8 percent in March.
Among over 30 sectors, leather and related products manufacturers saw the lowest CUR in April -- 58.6 percent -- while paper and paper product sector manufacturers used 87.2 percent of their capacity, which was the highest level, CBRT said.
On the main industrial groupings side, the highest capacity usage was seen in investment goods with 80.9 percent while the lowest was seen in food and beverages, standing at 72 percent.
The CUR figures are based on the responses given to the CBRT business tendency survey by local units operating in the manufacturing industry.
According to the Central Bank, over 2,100 companies responded to the survey in April, and the monthly data does not reflect the bank’s views or predictions.
In 2017, the average capacity usage in the manufacturing industry was 78.5 percent. Over the past five years, the highest CUR was seen last November with 79.9 percent, and the lowest was seen at 73.5 percent in February 2013.
Amazon on course to join Apple as world’s only companies worth over $1 trillion
The "informed source" in Iran's oil ministry did not give details of the discount, but sought to downplay the move as common industry practice.
Finance Minister Siluanov terms US dollar a 'risky tool' for payments in international trade
3 banks' net profits stand at $1.95 billion in first 6 months of 2018
Two discuss 'issues on common agenda' of Turkey and Iran
BIST 100 index down 1.35 pct at open with 1,300-point drop from Wednesday's close
BIST 100 climbs 0.17 pct, while Turkish lira gains value against foreign currencies
Banks' reserve requirement limit is lowered by Central Bank
BIST 100 index goes down 0.33 pct, falling over 300 points from previous close
Agency will be formed with partnership from BRICS countries who often face sanctions from West, banker says
Industry minister says new project-based incentive system to contribute in reducing current account deficit by $1.2B
Food and Agriculture Organization food price index falls 3.7 pct in July month-on-month
Yearly increase in consumer prices at 15.85 percent in July, up from 15.39 percent in June, according to official data