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FinancialNews


  • 28-08-21

    Turkey's economic confidence index this month stands at 100.8

    (MENAFN)Turkey's statistical institute stated that the country’s economic confidence index recorded high in a 39-month high of 100.8 this August.

    According to Turkish Statistical Institute (TurkStat) data, chiefly driven by the services and construction confidence indices, the main reading increased 0.7 percent from last month.

    As a value below 100 points to a pessimistic one, a value more than 100 indicates an optimistic outlook for the general economic situation.

    The recent number stood high at 101.7, posted in May 2018.

    In the same time span, the sub-index for construction marked the main increase with 7.1 percent to 92.4.

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