In March, the consumer confidence index, published by the Statistical Institute in cooperation with the Central Bank, inched down to 93.4 points from 93.6 points in February. Consumer confidence has idled below the 100-point threshold that separates optimistic from pessimistic territory since May 2006. At the current level, consumer sentiment is 10.3% higher than in the same month the year before, suggesting that the recovery in private consumption will continue. The slight fall in consumer sentiment reflected greater pessimism regarding the economic situation over the next three months, which was fanned by deteriorating expectations concerning price increases over the next 12 months. In fact, consumers' more negative assessment partly reflects rising inflation and a slowdown in economic activity in March.
Turkey Consumer Confidence
Consumer confidence moderates in March
April 18, 2011
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Turkey Economic News
October 25, 2016
The Real Sector Confidence Index published by the Central Bank decreased from September’s 106.5 to 101.7 in October, the lowest reading in one year.
October 21, 2016
The consumer confidence index, published by the Statistical Institute in cooperation with the Central Bank, decreased slightly from 74.3 in September to 74.0 in October.
October 20, 2016
At its 20 October monetary policy meeting, the Central Bank of the Republic of Turkey (CBRT) decided to keep the marginal funding rate unchanged at 8.25%.
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.