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Turkey Consumer Confidence September 2021

Turkey: Consumer confidence improves but remains downbeat in September

Consumer confidence in Turkey rose to 79.7 in September from 78.2 in August. While September’s reading marked a three-month high, the index remained firmly entrenched below the neutral 100-threshold that separates pessimism from optimism among consumers.

The uptick came on the back of less pessimistic views on the current and future financial situation of households, and less downbeat sentiment towards the expected general economic climate over the next 12 months. On the other hand, consumers’ probability to purchase big-ticket items was unchanged.

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