The seasonally adjusted consumer confidence index fell by 6.2% from 67.6 to 63.4 in June, compared to the previous month, hitting a fresh record low, according to the Turkish Statistical Institute (TurkStat). The index of household finances dropped by 8.1% over the past 12 months from 48.5 to 44.5 while the household finances expectations index...
Tag: Consumer confidence
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Consumer confidence down in April
Turkey’s consumer confidence posted a 7.3% decrease in April, according to the Turkish Statistical Institute (TurkStat). From 72.5 in March, the consumer confidence index fell to 67.3 this month, data from TurkStat showed. The index is a vital gauge of the economy’s overall situation, indicating people’s sentiments on financial standing and the general economic situation,...
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Consumer confidence slips in February
Turkey’s consumer confidence posted a decline in February, according to the Turkish Statistical Institute (TurkStat). From 73.2 in January, the consumer confidence index slipped to 71.2 this month, data from TurkStat showed. The index is a vital gauge of the economy’s overall, indicating people’s sentiments on financial standing and the general economic situation, along with...
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Consumer confidence hits historic low
The consumer confidence index decreased to 68.9 in December, down 3.1% from 71.1 in November, and hit an all-time low, according to the Turkish Statistical Institute (TurkStat). The index is a vital gauge of the economy’s overall performance, indicating people’s sentiments on financial standing and the general economic situation, along with expenditure and saving tendencies....