Industrial indicators show that recovery continues

Industrial indicators show that recovery continues

Vakıf Katılım

According to the real sector confidence index and capacity utilization rate data released by the Central Bank in July, the recovery effects from the bottom continue. RSGI reached 100.7 in July with an increase of 8.1 points; seasonally adjusted RSGI, on the other hand, rose to 99.4 with an increase of 9.6 points.

 

In this period, while the manufacturing industry capacity utilization rate increased by 4.7 points to 70.7%; Seasonally adjusted CUR was 70.7% again.

 

Recovery from the bottom that had been seen with coronavirus pandemic continues. With the easing of the closure measures, the transition to normalization in the economy and the increase in factory activity, a rapid return from bottom took place. In this process, there are also economic measures taken to maintain business activity. Monetary policy measures taken to keep the financing costs of the companies low, as well as employment supports, economic incentives and measures are taken in economics policy. Recovery is also highly dependent on firm activity and hence on the protection of employment. As in global economies, the risks that cause uncertainty over the economy, especially the second wave in pandemics, show that the principle of cautiousness should be maintained and supports to the economy should continue.

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