Turkey’s economic confidence index rises in May

The economic confidence index which was 94.7 in April increased by 2.1% in May to 96.7, the Turkish Statistical Institute said on Thursday.

Ekleme: 26.05.2022 11:16:07 / Güncelleme: 26.05.2022 11:16:07 / English News / Ankara Haberleri
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This increase in economic confidence index stemmed from the increases in consumer, services and retail trade confidence indices.

Consumer confidence index increased by 0.4% and became 67.6, services confidence index increased by 6.1% and became 121.7, retail trade confidence index increased by 1.7% and became 121.4 in May compared to the previous month.

On the other hand, real sector (manufacturing industry) confidence index decreased by 0.7% and became 107.0, construction confidence index decreased by 2.2% and became 81.6 in May. (ILKHA)