The Real Sector Confidence Index published by the Central Bank increased from 107.3 points in February to 112.9 points in March, its highest level in eight months. Thus, the index remains above the 100-point threshold that separates optimistic from pessimistic territory for a third consecutive month, after having fallen below the dividing line for the first time in two years last December. Nevertheless, at its current level, business sentiment is still 1.9 points below the levels observed in the same month last year. The rise in business sentiment was broad-based, with most of the categories improving over the previous month. In particular, export orders for the next three months, as well as the total amount of orders for the past three months, experienced the sharpest increases.
Turkey Business Confidence
Business confidence rises to eight-month high
March 29, 2012
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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
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.
October 3, 2016
In September, consumer prices increased 0.18% over the previous month.
September 26, 2016
The Real Sector Confidence Index published by the Central Bank increased from August’s 103.6 to 106.5 in September.