Capacity utilization inches up

The Capacity Utilization Rate (CUR) in the manufacturing industry rose by 0.5 points to 77.8% in April, compared to the previous month, according to the Central Bank.

The seasonally-adjusted CUR (CUR-SA), meanwhile, dropped by 0.1 points to 78.1% in the same period.

Capacity usage increased non-durable consumer goods from 75.6% to 75.7%, in intermediate goods from 78.7% to 79.7%, while it decreased in consumer goods from 75.5% to 75.4%, in durable consumer goods from 75.0% to 74.2%, in investment goods from 76.0% to 74.8% in April, month over month.

CUR figures are calculated by aggregating responses to the Central Bank’s Economic Tendency Survey from 1,725 companies operating in the manufacturing industry.

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