Turkey: Economic confidence index realized as 86.4 in December
According to the data from the Turkish Statistical Institute (TurkStat), economic confidence index decreased by 3.5% in December.
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Economic confidence index which was 89.5 in November decreased by 3.5% in December to 86.4. This decrease in economic confidence index stemmed from the decreases in services, retail trade and construction confidence indices, TurkStat said.
Services confidence index decreased by 9.2% and became 70.4, retail trade confidence index decreased by 7.8% and became 87.6, construction confidence index decreased by 7.2% and became 73.3 in December compared to the previous month. On the other hand, consumer confidence index remained unchanged at 80.1, real sector (manufacturing industry) confidence index increased by 2.8% and became 110.4. (ILKHA)