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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Capacity Utilization climbed to 74.2% in May 2026
FMPMonthlyReleased May 2026
Turkey Capacity Utilization climbed to 74.2% in May 2026, up 0.4% from April's 73.8% reading. The reading matched the 74.1% consensus. Capacity Utilization has now risen for 3 consecutive months. Over the past 3 months, Capacity Utilization averaged 73.55%, vs 74.1% in the prior 3-month window. The reading is in the 30th percentile of the trailing 24-month range.
Latest Release
74.2
Actual
74.1
Consensus
73.8
Previous
Median Absolute Error
±0.59 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 74.25
Actual: 74.2
Error: +0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.55 | CRYPTO | Bullish BTC | → View |
| EUR/USD | ▼ Inverse | −0.38 | FOREX | Bearish EUR | → 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 74.2% in May 2026. This beat the market consensus of 74.1% by 0.1%. The reading rose from the previous value of 73.8%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 74.03%, ranging from 73.3% to 74.6% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 73.67%, down from the prior three at 74.33%. Volatility over the past year (σ 0.42%) is lower than the prior year (σ 0.67%). In May readings over the past 3 years, Capacity Utilization has averaged 75.17%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.59%.
WHAT TO WATCH NEXT
The next release is scheduled for June 19, 2026. Same-country events in the next 14 days include Business Confidence (Jun 19) and Consumer Confidence (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Capacity Utilization - TR
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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 (May 2026): actual 74.2 %, consensus 74.1 %. Prior reading (Apr 2026): 73.8 %. Before that (Mar 2026): 73.3 %.
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 BTC/USD (Bullish BTC, r=0.55) — a useful reference for crypto-focused traders.