Turkey Capacity Utilization Rises In December

(RTTNews) - Capacity utilization in the Turkish manufacturing sector rose slightly in December, while business confidence weakened for a third month, survey figures from the central bank showed Friday.

The capacity utilization rate edged up to 74.6 percent from November, when it shed 0.4 points to reach 74.5 percent.

On a seasonally adjusted basis, the capacity utilization rate climbed to 74.4 percent from 74 percent.

Separately, the central bank announced that the business confidence index for the factory sector eased to 101.2 from 102.7 in the previous month.