Confidence in key sectors in Turkey tapered off compared to last month, according to the Turkish Statistical Institute (TurkStat). Among all sub-indices, the services sector suffered the most, falling 6.2% to 111.3 in March as the business situation and demand-turnover over the past three months besides expectations for the next three months worsened. Calculated from...
Tag: sectoral confidence indices
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Sectoral confidence indices up in services and retail trade
Turkey’s sectoral confidence indices posted mixed results this month, according to the Turkish Statistical Institute (TurkStat). Seasonally adjusted confidence indices for services and retail trade were up by 1.2% and 2.5%, but dropped for the construction sector by 5% in January, versus December 2021. The index for services rose to 120.2 in January, up from...