Turkey Consumer Confidence April 2021

Turkey

Turkey: Consumer confidence tumbles in April

April 23, 2021

Consumer confidence fell to 80.2 in April from March's 86.7. As a result, the index remained below the 100-threshold, separating pessimism from optimism among consumers.

April's downturn was driven by consumers’ more pessimistic views regarding their future financial situation, the general economic climate and the labor market outlook.

FocusEconomics Consensus Forecast panelists see private consumption expanding 4.4% in 2021 and increasing 3.7% in 2022.


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Turkey Consumer Confidence April 2021

Note: Consumer Confidence Index. Values above 100 indicate an optimistic outlook while values below 100 indicate a pessimistic outlook.
Source: Turkish Statistical Institute (TurkStat).


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