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.

The seasonally adjusted confidence index for the services sector remained at 111.9 in September, unchanged from the previous month.

Confidence in the retail trade sector, meanwhile, increased by 1.1% month-on-month to 111.3, indicating a modest improvement in sentiment among businesses operating in the sector.

In the construction sector, the confidence index declined by 0.2% to 83.0 over the same period.

The figures provide an indication of how businesses across key segments of the Turkish economy assess current conditions and their expectations for the period ahead.

The services sector continued to record the highest confidence level among the three sectors covered by the latest figures, while construction confidence remained below the 100-point threshold. (ILKHA)