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Turkey Consumer Confidence September 2022

Turkey: Consumer sentiment remains in negative territory in September, despite ticking up

Consumer confidence rose to 72.4 in September, up from August’s 72.2. However, the index remained entrenched below the 100-threshold, signaling sustained pessimism among consumers.

The headline uptick was chiefly driven by less pessimistic views regarding the general economic situation in the next 12 months and probability to purchase big-ticket items. On the other hand, attitudes towards households’ financial situations at present and in the next 12 months worsened.

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