Türkiye's economic confidence index drops to 95.8 in June

The Economic Confidence Index in Turkey has decreased to 95.8 in June from 98.2 in May, reflecting a 2.5% decline, according to a statement released by the Turkish Statistical Institute on Thursday.
The consumer confidence index also decreased by 2.7% to 78.3, while the real sector (manufacturing industry) confidence index dropped by 1.9% to 100.5.
Furthermore, the services confidence index decreased by 1.5% to 115.4, the retail trade confidence index declined by 2.6% to 108.8, and the construction confidence index decreased by 0.5% to 87.9 compared to the previous month.
These figures indicate a widespread decline in confidence across various sectors of the Turkish economy compared to the previous month. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
The U.S. President Donald Trump signed an executive order on Thursday that slaps dozens of countries with steep tariff hikes, a move critics warn will destabilize global trade and jack up costs for American consumers.
Türkiye welcomed 26.39 million visitors in the first six months of 2025, generating $25.6 billion in tourism revenue despite global challenges, Culture and Tourism Minister Mehmet Nuri Ersoy announced at a press conference in Istanbul.
The Turkish Statistical Institute (TurkStat) reported a significant rise in the Services Producer Price Index (S-PPI) for June 2025, with a 37.40% annual increase and a 4.72% monthly uptick.
Türkiye's foreign trade saw significant growth in June 2025, with exports rising by 7.9% to $20.515 billion and imports increasing by 15.2% to $28.688 billion compared to June 2024, according to provisional data released by the Turkish Statistical Institute (TurkStat).