Turkey: Consumer confidence ticks up in February
February 18, 2021
Confidence among Turkish consumers rose from 83.3 in January to 84.5 in February, marking a two-and-a-half-year high. However, the index remained entrenched below the 100-threshold, separating pessimism from optimism among consumers.
The uptick in the headline was driven by less downbeat views on the current financial situation of households and expected financial situations in the year ahead. In addition, views on the economy in the next 12 months also improved.