In February, the consumer confidence index, published by the Statistical Institute in cooperation with the Central Bank, rose from 91.3 points in January to 93.6 points. 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 14.4% higher than in the same month the year before, suggesting that the recovery in private consumption remains ongoing. The increase in consumer sentiment was widespread, as all seven major categories improved over the previous month. In particular, respondents reported more positive assessments regarding current and future economic situation, suggesting that private consumption is likely to buttress economic growth in Q1 2011.
Turkey Consumer Confidence
Consumer confidence strengthens and approaches optimistic territory
March 16, 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.