---
source: Central Bank of the Republic of Türkiye (TCMB)
url: https://www.tcmb.gov.tr/wps/wcm/connect/8ba10621-c369-41b1-a232-998bdc0f266e/BTS-Report.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-8ba10621-c369-41b1-a232-998bdc0f266e-pQuFbiY
document_type: pdf
date_retrieved: 2026-03-24
period: March 2026
parent_publication: Business Tendency Statistics and Real Sector Confidence Index
indicators_covered: [Business Confidence, Capacity Utilization]
---

# Business Tendency Statistics and Real Sector Confidence Index (March 2026)

## Overview
The Business Tendency Survey (BTS) for March 2026, published by the Central Bank of the Republic of Türkiye (TCMB), indicates a softening in business sentiment and manufacturing activity. The Real Sector Confidence Index (RSCI) fell to 101.0, while the Capacity Utilization Rate (CUR) edged lower to 73.3%.

## Key Metrics

| Indicator | March 2026 | February 2026 | Trend |
|-----------|------------|---------------|-------|
| **Real Sector Confidence Index (RSCI)** | 101.0 | 104.1 | ▼ |
| **Capacity Utilization Rate (CUR)** | 73.3% | 73.5% | ▼ |

### Real Sector Confidence Index (RSCI)
A score above 100 indicates an optimistic outlook, while below 100 points to a pessimistic outlook. The March reading of 101.0 remains in optimistic territory but reflects a significant decline from the 104.1 recorded in February.

### Capacity Utilization Rate (CUR)
The Capacity Utilization Rate for the manufacturing industry reached 73.3% in March 2026. This follows a reading of 73.5% in February and 74.1% in January, indicating a gradual decline in the utilization of potential output in the manufacturing sector.

## Survey Components
The BTS compiles assessments from senior managers in the manufacturing industry regarding the recent past, current situation, and future expectations.

*Note: Seasonally adjusted figures and detailed sub-indices are provided in the full report.*