Business confidence rises while capacity utilization stagnates Recent October data from Turkey’s Business Tendency Survey (BTS), Capacity Utilization Rate (CUR), and Sectoral Confidence Indices (SCI) point to a mixed picture in the economy: while retail activity expanded, the manufacturing sector showed no clear recovery trend. Despite persistent weakness in output, the number of firms citing … Continue reading Outlook:  Turkey’s Domestic Demand Strengthens as Manufacturing Output Remains Weak