Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Capacity Utilization climbed to 74.5% in October 2026
FMPMonthlyReleased October 2026
Turkey Capacity Utilization climbed to 74.5% in October 2026, up 0.3% from September's 74.2% reading. The reading matched the 74.3% consensus. Capacity Utilization has now risen for 3 consecutive months. Over the past 3 months, Capacity Utilization averaged 73.85%, vs 74.2% in the prior 3-month window. Capacity Utilization is now the highest in 15 months.
Latest Release
74.5
Actual
74.3
Consensus
74.2
Previous
Median Absolute Error
±0.44 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 74.23
Actual: 74.5
Error: -0.28
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.66 | COMMODITIES | Moves against | → View |
| S&P 500 | ▲ Direct | +0.66 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Capacity Utilization (Turkey) was reported at 74.5% in October 2026. This beat the market consensus of 74.3% by 0.2%. The reading rose from the previous value of 74.2%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 74.04%, ranging from 73.3% to 74.5% across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 74.07%, down from the prior three at 74.2%. Volatility over the past year (σ 0.43%) is lower than the prior year (σ 0.63%). In October readings over the past 3 years, Capacity Utilization has averaged 74.53%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.44%.
WHAT TO WATCH NEXT
The next release is scheduled for November 20, 2026. Same-country events in the next 14 days include Inflation Rate MoM (Nov 3) and Inflation Rate YoY (Nov 3).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Capacity Utilization - TR
Loading chart data...
About Capacity Utilization — Turkey
DEFINITION
Capacity Utilization is a financial indicator that measures the extent to which a company or industry is utilizing its maximum production capacity. It is calculated by dividing the actual output by the potential output and is expressed as a percentage. This indicator provides valuable insights into the efficiency and productivity of a business, as well as its potential for growth and expansion. A high capacity utilization rate indicates that a company is operating at optimal levels, while a low rate may suggest room for improvement and potential cost savings. Overall, capacity utilization is a key metric for assessing the overall health and performance of a company or industry.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2026): actual 74.5 %, consensus 74.3 %. Prior reading (Sep 2026): 74.2 %. Before that (Aug 2026): 73.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.66) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - TR Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | TR | Economic Confidence Index | 97.3 | 101.3 | 101 | 99.15 | Low |
| 07:00 | TR | Tourism Revenues | 25.5 | 15.9 | 27 | 26.25 | Low |
| 08:00 | TR | Tourist Arrivals YoY | 0.4 | -0.03 | -0.1 | 0.15 | Low |
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | TR | Istanbul Chamber of Industry Manufacturing PMI | 47.9 | 48 | 48.10 | Low | |