The Real Sector Confidence Index published by the Central Bank increased from 97.2 points in December to 101.8 points in January. The index has thereby crossed back above the 100-point threshold that separates optimistic from pessimistic territory, after having fallen below the dividing line for the first time in two years in December. Nevertheless, business sentiment still remains 11.7 points below the levels observed in the same month last year. The improvement in business sentiment was broad-based, with most of the categories rising over the previous month. In particular, the volume of output for the next three months, as well as export orders for the next three months, experienced the sharpest increases.
Turkey Business Confidence
Business confidence returns to optimistic territory
January 25, 2012
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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.