Turkish consumer confidence improves in October
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Güneşli
13 oC
Güneşli
The Turkish Statistical Institute (TÜİK) announced today that consumer confidence in the services sector increased by 1.5% in October compared to the previous month.
The seasonally adjusted confidence index for services reached 114.2.
Meanwhile, consumer confidence in the retail trade sector saw a slight increase of 0.1%, reaching 110.7. However, confidence in the construction sector declined by 1.7%, falling to 86.3.
Overall, the data suggests a positive trend in consumer sentiment in Türkiye, particularly in the services sector. (ILKHA)
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Confidence in Türkiye’s services sector remained unchanged in September, while sentiment in the retail trade sector improved and confidence in construction edged lower, according to data released by the Turkish Statistical Institute (TÜİK) on Thursday.
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