US EditionFactory activity in Turkey falls to lowest in two years
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Factory activity in Turkey falls to lowest in two years
5th consecutive monthly decline Lowest level since March 2023 Interest rise hurts manufacturers Turkey’s manufacturing sector has posted its fifth monthly decline in activity, reflecting a slowdown in domestic demand and the impact of political and economic instability. The manufacturing capacity utilisation rate – how much a factory’s full potential is being used – fell to 74.3 percent in April, according to a report issued this week by Turkey’…
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