Turkey’s manufacturing sector operated at 73.3% of its production capacity in March 2026, slightly below 73.5% in February and marking the lowest level since August 2020. The decline was primarily driven by weaker utilization in investment goods, which fell to 69.5% from 70.1%, and a modest decrease in intermediate goods, down to 74.7% from 74.9%. Capacity use in the food and beverages segment also eased, slipping to 72.6% from 72.5%.
In contrast, several categories showed signs of resilience. Capacity utilization in durable consumer goods increased to 68.7% from 66.7%, while non-durable consumer goods edged up to 72.4% from 72.1%. Overall consumer goods production improved marginally, rising to 71.7% from 71.2%, helping to partially offset the broader weakness in the sector.