The Real Sector Confidence Index published by the Central Bank rose from 114.8 points in March to 116.7 points in April, remaining just 2.6 points below the record-high observed in April last year. Confidence has lingered above the 100-point threshold that separates optimistic from pessimistic territory since January 2010, suggesting that strong sentiment within the business community will continue to support fixed investment growth. The improvement in business sentiment reflected surging optimism regarding fixed investment expenditures, which had already grown a stellar 29.9% last year, suggesting that the investment cycle remains active. In contrast, the export orders component fell over the previous month. That said, a greater degree of optimism points to investment remaining a strong growth driver in Q1 2011.
Turkey Business Confidence
Business confidence rises to record high in April
May 15, 2011
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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.