Skyline at golden hour in Turkey

Turkey Consumer Confidence August 2023

Turkey: Consumer confidence drops to over one-year low in August

Consumer confidence fell to 68.0 in August from July’s 80.1. August’s result marked the weakest sentiment since June 2022. As a result, the index remained entrenched below the 100-threshold, indicating sustained pessimism among consumers.

The downturn was driven by deteriorations in all subcomponents, including households’ views about their financial situation and the country’s economic prospects over the next 12 months, as well as their likeliness to purchase big-ticket items.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest