Real sector confidence reaches highest level in 2.5 years

Real sector confidence (RSCI) rose by 2.4% in February compared to last month, reaching 109,3. RSCI reached its highest level since May 2018. Meanwhile, the seasonally adjusted real sector confidence index (RSCI-SA) decreased by 0.3% to 108.7 compared to the previous month.

According to the survey questions that make up the index, the export quantity, total employment, and expected production volume in the next three months together with the fixed capital expenditures and the current total amount pushed the index in an upward direction, while total order quantity in the last three months, the current stock of finished goods and the evaluations for the general course had a downward effect on the index.

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