Turkey Business Confidence January 2016

Turkey

Turkey: Business confidence improves in January

January 25, 2016

The Real Sector Confidence Index published by the Central Bank improved moderately in January, rising from 102.2 in December to 103.3. As a result, business confidence remains above the 100-point threshold and indicates an optimistic outlook for business conditions.

January’s result showed that businesses were much more optimistic regarding the expected volume of output for the next three months. To a lesser extent, total amount of orders in the past three months, job prospects and stocks of finished goods also gained ground in January. On the other hand, the general business situation experienced the largest deterioration.

FocusEconomics Consensus Forecast panelists see fixed investment registering a 2.7% expansion in 2016, which is up 0.4 percentage points compared to last month’s estimate. In 2017, panelists expect investment growth of 4.2%.


Author: Ricard Torné, Lead Economist

Sample Report

Looking for forecasts related to Business Confidence in Turkey? Download a sample report now.

Download

Turkey Business Confidence Chart


Turkey Business Confidence January 2016

Note: Real Sector Confidence Index. Values above 100 indicate an optimistic outlook while values below 100 indicate a pessimistic outlook.
Source: Central Bank of the Republic of Turkey (CBRT).


Turkey Economic News

More news

Search form