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Türkiye's consumer confidence reaches new heights in March

ENGLISH 21.03.2025 - 12:56, Güncelleme: 21.03.2025 - 12:56

Türkiye's consumer confidence reaches new heights in March

Consumer confidence index rises 4.6% from month ago, official data shows

Consumer confidence in Türkiye continued its upward trend in March, reaching a 22-month high, according to data released on Friday. The consumer confidence index surged 4.6% from a month ago to 85.9 points in March, the Turkish Statistical Institute (TurkStat) said. This followed a 1.4% increase in February. The sub-index measuring households' current financial situation jumped 8.2% month-on-month in March, while expectations for the general economic situation or the next 12 months gained 6.7%. The index tracking spending on durable goods over the next 12 months saw a 2.8% rise during the same period. The sub-index reflecting household financial situation expectations for the next 12 months rose 2% from the prior month. The consumer confidence index serves as a key indicator of the economy's overall health, capturing public sentiment regarding financial conditions, the broader economic outlook, and spending and saving intentions.

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Consumer confidence index rises 4.6% from month ago, official data shows

Consumer confidence in Türkiye continued its upward trend in March, reaching a 22-month high, according to data released on Friday.

The consumer confidence index surged 4.6% from a month ago to 85.9 points in March, the Turkish Statistical Institute (TurkStat) said.

This followed a 1.4% increase in February.

The sub-index measuring households' current financial situation jumped 8.2% month-on-month in March, while expectations for the general economic situation or the next 12 months gained 6.7%.

The index tracking spending on durable goods over the next 12 months saw a 2.8% rise during the same period.

The sub-index reflecting household financial situation expectations for the next 12 months rose 2% from the prior month.

The consumer confidence index serves as a key indicator of the economy's overall health, capturing public sentiment regarding financial conditions, the broader economic outlook, and spending and saving intentions.

#Türkiye

#consumer confidence

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