(RTTNews) - Friday, a report by the Turkish Statistical Institute said the rate of capacity utilization in the manufacturing sector increased to 72.7% in June from 70.4% in the preceding month. Economists expected the rate to be 74%. A year ago, the rate stood at 82.3%.

The statistical office said shortage of demand, financial problems, shortage of raw materials and labor problems were the main reasons for working below full capacity.

Meanwhile, production quantity rose 5.8% in June compared to the previous month.

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Posted in Categories: Economy, Releases.

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