Turkstat announced: Confidence in economy at 7-month low

Economic confidence index, which was 98.2 in May, decreased by 2.5 percent to 95.8 in June. The index thus fell to the lowest level since November 2023.

Newstimehub

Newstimehub

27 Jun, 2024

Economic confidence index, which was 98.2 in May, decreased by 2.5 percent to 95.8 in June. The index thus fell to the lowest level since November 2023.

Turkish Statistical Institute (TurkStat) announced the economic confidence index data for June. While the economic confidence index was 98.2 in May, it decreased by 2.5 percent to 95.8 in June. The index fell to the lowest level since November 2023.

According to the data announced by the Turkish Statistical Institute (TURKSTAT), consumer confidence index decreased by 2.7 percent to 78.3 in June compared to the previous month, real sector (manufacturing industry) confidence index decreased by 1.9 percent to 100.5, service sector confidence index decreased by 1.5 percent to 115.4, retail trade confidence index decreased by 2.6 percent to 108.8, construction confidence index decreased by 0.5 percent to 87.9.