Turkish consumer confidence slightly rises to 80.51 in May
The Turkish Statistical Institute (TurkStat) announced on Thursday that the consumer confidence index has increased marginally to 80.51 in May.
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This index, derived from the consumer tendency survey conducted jointly by TurkStat and the Central Bank of the Republic of Türkiye, showed a slight improvement of 0.1% from April's figure of 80.46.
The consumer confidence index is a crucial indicator that reflects the overall sentiment of consumers regarding economic conditions and their financial expectations. This slight rise suggests a modest improvement in consumer outlook as measured by the survey. (ILKHA)
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