Turkey's economic confidence down in April
Turkey's economic confidence index fell to 94.7 points in April, the country’s statistical institute said on Thursday.
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The economic confidence index which was 95.7 in March decreased by 1.1% in April to 94.7. This decrease in the economic confidence index stemmed from the decreases in consumer and real sector (manufacturing industry) confidence indices.
The consumer confidence index decreased by 7.3% and became 67.3, real sector confidence index decreased by 0.5% and became 107.7 in April compared to the previous month.
On the other hand, the services confidence index increased by 3.0% and became 114.6, the retail trade confidence index increased by 2.9% and became 119.4, construction confidence index increased by 3.0% and became 83.5 in April. (ILKHA)
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