Economic confidence index realizes as 89.5 in Turkey

Economic confidence index realizes as 89.5 in Turkey

Economic confidence index which was 92.8 in October decreased by 3.5% in November to 89.5, Turkish Statistical Institute said in a statement on Friday.

This decrease in economic confidence index stemmed from the decreases in consumer, real sector (manufacturing industry), services and construction confidence indices, the statement said.

Consumer confidence index decreased by 2.2% and became 80.1, real sector confidence index decreased by 2.1% and became 107.4, services confidence index decreased by 2.8% and became 77.5, construction confidence index decreased by 5.7% and became 79.0 in November compared to the previous month.

On the other hand, retail trade confidence index remained unchanged at 95.0. 

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