(ECO) TURKEY'S CAPACITY UTILIZATION RATE UP IN OCTOBER.ANKARA, Nov 11, 2009 (TUR) -- Turkey's capacity utilization rate Capacity utilization rate The percentage of the economy's total plant and equipment that is currently in production. Usually, a decrease in this percentage signals an economic slowdown, while an increase signals economic expansion. was up 1.7 points in October 2009 over September 2009. The Turkish Board of Statistics (TUIK TUIK Türkiye Istatistik Kurumu (Turkey) ) announced on Wednesday that the capacity utilization rate in manufacturing industry was up to 71.8 percent in October, with 1.7 points rise over September 2009. However, the rate was 4.9 points below that of October 2008. The capacity utilization rate was 76.7 percent in October 2008, and 70.1 percent in September 2009. (BRC-A) (THROUGH ASIA PULSE) |
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