Turkey’s economic confidence index decreases by 2.5% in March—statistical agency
The economic confidence index which was 98.2 in February decreased by 2.5% in March to 95.7, the Turkish Statistical Institute said in a statement on Wednesday.
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This decrease in economic confidence index stemmed from the decreases in real sector (manufacturing industry), services, retail trade and construction confidence indices.
Real sector confidence index decreased by 1.6% and became 108.2, services confidence index decreased by 6.2% and became 111.3, retail trade confidence index decreased by 3.1% and became 116.0, construction confidence index decreased by 2.0% and became 81.0 in March compared to the previous month.
On the other hand, consumer confidence index increased by 1.9% and became 72.5 in March. (ILKHA)
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