This index is calculated based on data collected through the consumer tendency survey, conducted in collaboration between the Turkish Statistical Institute and the Central Bank of the Republic of Türkiye.

Notably, the Consumer Confidence Index saw a marked improvement, increasing by 4.4% in October, rising from 71.5 in September to its current level of 74.6.

The rise in consumer confidence reflects the sentiments and expectations of Turkish consumers regarding the country's economic and financial outlook.

This indicator is closely monitored by economists and policymakers as it offers valuable insights into the state of the economy and consumer behavior.

The increased confidence may signal positive expectations and sentiments among consumers in Türkiye. (ILKHA)