Business

TURKSTAT announced: Confidence in the economy is increasing in Turkey

Turkish Statistical Institute (TUIK) announced the September economic confidence index data. Accordingly, while the economic confidence index was 100.8 in August, it increased by 1.6% to 102.4 in September.

According to the statement made by the Turkish Statistical Institute, while the economic confidence index was 100.8 in August, it increased by 1.6% to 102.4 in September. The increase in the economic confidence index stemmed from the increases in consumer, real sector (manufacturing industry), services and retail trade sector confidence indices.

Consumer confidence index increased by 1.8% in September compared to the previous month and became 79.7, real sector confidence index increased by 1.0% and became 113.3. Service sector confidence index increased by 1.5% to 117.8, retail trade sector confidence index increased by 4.8% to 115.6. Construction sector confidence index decreased by 0.7% to 91.8.

Source: Sabah / Translated by Irem Yildiz

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