The Real Sector Confidence Index published by the Central Bank fell from 107.6 points in November to 106.4 points in December, but is 14.3 points above the level observed in the same month last year. Despite the monthly drop, the index remains above the 100-point threshold that separates optimistic from pessimistic territory since January 2010, suggesting that the recovery in investment remains firmly entrenched. The deterioration in business sentiment reflected increasingly pessimistic perceptions regarding the output volume and the employment level in the short run. That said, these negative results were partially offset by respondents' increasing optimism about fixed investment expenditures and exports in the near future.
Turkey Business Confidence
Business confidence decreases in December
December 28, 2010
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Turkey Economic News
October 13, 2016
The current account balance recorded a USD 1.8 billion deficit in August (July: USD 2.7 billion deficit).
October 10, 2016
In August, industrial production expanded a calendar-adjusted 2.2% compared to the same month last year.
October 3, 2016
In September, consumer prices increased 0.18% over the previous month.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI), produced by the Istanbul Chamber of Industry (ICI) and IHS Markit, increased slightly to 48.3 in September from August’s 47.0, which had marked a multi-year low.
September 26, 2016
The Real Sector Confidence Index published by the Central Bank increased from August’s 103.6 to 106.5 in September.