The manufacturing confidence index in Turkey fell to 103.9 in November of 2020 from 108.1 in the previous month, which was the highest since May of 2018. Declines were seen in expectations for output (107.1 vs 120.5), employment (105 vs 107.1) and export orders (104.7 vs 118.5) and the general business situation was seen slightly less positive (101.3 vs 101.4). source: Central Bank of the Republic of Turkey
Business Confidence in Turkey averaged 99.25 points from 1987 until 2020, reaching an all time high of 123.30 points in December of 1987 and a record low of 52.60 points in December of 2008. This page provides the latest reported value for - Turkey Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Business Confidence in Turkey is expected to be 96.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Turkey to stand at 91.00 in 12 months time. In the long-term, the Turkey Business Confidence is projected to trend around 90.00 points in 2021 and 96.00 points in 2022, according to our econometric models.