Türkiye's economic confidence index falls to 99.0 in February

Turkish Statistical Institute announced on Wednesday that the economic confidence index stood at 99.0 in February, marking a 0.4% decline from January's figure of 99.4.
According to the institute's statement, the consumer confidence index experienced a notable decrease of 1.3%, reaching 79.3. Conversely, the real sector (manufacturing industry) confidence index decreased by 0.9% to 102.0.
Meanwhile, the services confidence index saw a 1.6% increase, reaching 118.6. In contrast, the retail trade confidence index dropped by 1.0% to 114.5, while the construction confidence index increased by 1.0% to 91.8 compared to the previous month.
Overall, the February economic confidence data highlights a cautiously optimistic outlook for the Turkish economy. While some sectors exhibit concerns, others remain positive, indicating a dynamic and evolving economic landscape. It will be crucial to monitor future trends and assess the impact of various economic policies to gain a deeper understanding of the country's economic trajectory. (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.
Turkish Finance Minister Mehmet Simsek on Thursday outlined a positive outlook for inflation, predicting a continued decline in the second half of the year.
Indonesia and Saudi Arabia have signed business agreements worth approximately $27 billion, spanning sectors such as clean energy, petrochemicals, aviation fuel services, healthcare, pharmaceuticals, and health technology.
Türkiye’s Domestic Producer Price Index (D-PPI) jumped 24.45% year-on-year in June 2025, the Turkish Statistical Institute (TurkStat) reported on Thursday, signaling persistent cost pressures across key industries.
Türkiye’s annual consumer price inflation slowed to 35.05% in June 2025, down from 35.41% in May, according to data released by the Turkish Statistical Institute (TurkStat) on Thursday.