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FinancialNews


  • 27-03-22

    Turkish confidence in main sectors registers drop this month

    (MENAFN) According to the Turkish statistical authority announcement released on Friday, confidence in main sectors in the country dropped in worth in comparison to the previous month.

    Amongst all sub-indices, the services sector deteriorated the most, dropping 6.2 percent to 111.3 in this month as the business condition and demand-revenue in the last three months besides predictions for the upcoming three months got worse.

    Planned from a monthly assessment, the outcomes are assessed within a range of 0-200. Sectoral confidence indices show a positive outlook when the worth is more than 100, and a pessimistic outlook when under 100.

    The retail trade sector confidence index plummeted 3.1 percent from the previous month to 116, pushed by a drop in both the existing stock capacity as well as business activity-sales forecasts.

    MENAFN27032022000045013568ID1103919782

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