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The Turkish Statistical Institute (TurkStat) announced on Monday that confidence levels across Türkiye’s key economic sectors recorded moderate increases in November, signaling strengthened expectations among businesses.
According to seasonally adjusted data, the confidence index in the services sector rose by 1.0%, reaching 111.8, reflecting continued momentum in demand and activity. The retail trade sector experienced a 0.9% increase, bringing its index to 114.2, supported by improving sales expectations and inventory assessments.
The construction sector, which has shown mixed performance throughout the year, recorded the strongest rise among the three sectors with a 1.5% increase. Its confidence index climbed to 84.9, indicating a slight but notable improvement in contractors’ expectations for orders and employment.
The latest figures suggest cautious optimism within the business community as companies prepare for year-end activity. The upward trend across all three sectors highlights renewed confidence in economic conditions following recent stabilization measures and domestic demand dynamics. (ILKHA)
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