Türkiye's economic confidence improves in October
ENGLISH
30.10.2024 - 13:23, Güncelleme:
30.10.2024 - 13:23
Türkiye's economic confidence improves in October
All sub-indexes, except construction, post monthly increases
Türkiye's economic confidence index rose by 3.2% to 98 in October, the Turkish Statistical Institute said on Wednesday.
Consumer confidence index increased by 3%, real sector (manufacturing industry) confidence index 3%, services confidence index 1.5%, and retail trade confidence index by 0.1%.
Construction confidence index, meanwhile, decreased by 1.7% month-on-month.
The confidence index indicates an optimistic outlook when it is above 100 and a pessimistic outlook when it is below 100.
All sub-indexes, except construction, post monthly increases
Türkiye's economic confidence index rose by 3.2% to 98 in October, the Turkish Statistical Institute said on Wednesday.
Consumer confidence index increased by 3%, real sector (manufacturing industry) confidence index 3%, services confidence index 1.5%, and retail trade confidence index by 0.1%.
Construction confidence index, meanwhile, decreased by 1.7% month-on-month.
The confidence index indicates an optimistic outlook when it is above 100 and a pessimistic outlook when it is below 100.
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