Türkiye’s economic confidence index increases in September
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13 oC
Güneşli
13 oC
Güneşli
The Economic Confidence Index in Türkiye increased by 2.0% in September to 95.0 from 93.1 in August, the Turkish Statistical Institute announced on Friday.
The Consumer Confidence Index rose by 2.4% to 78.2, while the Real Sector (Manufacturing Industry) Confidence Index gained 1.2% to 99.2.
The Services Confidence Index increased by 0.6% to 112.6, and the Retail Trade Confidence Index rose by 2.5% to 110.6.
However, the Construction Confidence Index declined by 0.2% to 87.8 in September compared to the previous month.
Overall, the increase in the Economic Confidence Index suggests that businesses and consumers are becoming more optimistic about the Turkish economy.
However, the decline in the Construction Confidence Index may indicate some concerns about the future of the real estate sector. (ILKHA)
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