Turkey’s manufacturing confidence index fell further to 99.8 in October 2026 from 102 in the previous month, falling below the 100-point threshold for the first time since December 2024. Confidence in current orders declined to 85.3 from 87.8 in September, while production expectations for the next three months dropped to 107 from 115.6. Export order expectations for the next three months fell to 109.7 from 111.9, while total orders over the past three months decreased to 100.7 from 104.2. Moreover, the general business situation deteriorated further, falling to 83.9 from 90.4. Meanwhile, current finished goods stocks rose to 100.4 from 96.9, while fixed investment expenditure expectations improved to 107.2 from 104.9. Expectations for total employment over the next three months edged up to 104.5 from 104.4. source: Central Bank of the Republic of Turkey

Business Confidence in Turkey decreased to 99.80 points in October from 102 points in September of 2026. Business Confidence in Turkey averaged 100.00 points from 1987 until 2026, 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 2026.

Business Confidence in Turkey decreased to 99.80 points in October from 102 points in September of 2026. Business Confidence in Turkey is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Business Confidence is projected to trend around 106.50 points in 2027 and 108.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-21 07:00 AM
Business Confidence
Sep 102.0 102.8 102.5
2026-10-21 07:00 AM
Business Confidence
Oct 99.8 102.0 102.5
2026-11-20 07:00 AM
Business Confidence
Nov 99.8


Related Last Previous Unit Reference
Bankruptcies 2286.00 2185.00 Companies Sep 2026
Business Confidence 99.80 102.00 points Oct 2026
Capacity Utilization 74.50 74.20 percent Oct 2026
Auto Production YoY 129571.00 74368.00 Units Sep 2026
Car Registrations 161027.00 171887.00 Units Sep 2026
Changes in Inventories 442669827.00 296521165.00 TRY Thousand Jun 2026
Composite Leading Indicator 100.73 100.46 points Sep 2026
Corruption Index 31.00 34.00 Points Dec 2025
Corruption Rank 124.00 107.00 Dec 2025
Electricity Production 28783.43 28017.61 Gigawatt-hour Jul 2026
Industrial Production YoY -1.90 -0.20 percent Aug 2026
Industrial Production MoM -1.00 -0.90 percent Aug 2026
Manufacturing Production -2.50 0.30 percent Aug 2026
Mining Production 1.70 -4.10 percent Aug 2026
Steel Production 3200.00 3400.00 Thousand Tonnes Sep 2026
Auto Sales YoY 83469.00 81031.00 Units Sep 2026


Turkey Business Confidence
In Turkey, the Business Tendency Survey (BTS) compiles the assessments of the senior managers on the recent past, current situation and their expectations regarding the future course of business environment in the manufacturing industry. A score above 100 indicates an optimistic outlook to the economic activities while below 100 points to a pessimistic outlook.
Actual Previous Highest Lowest Dates Unit Frequency
99.80 102.00 123.30 52.60 1987 - 2026 points Monthly
NSA

News Stream
Turkey’s Manufacturers Turn Pessimistic in October
Turkey’s manufacturing confidence index fell further to 99.8 in October 2026 from 102 in the previous month, falling below the 100-point threshold for the first time since December 2024. Confidence in current orders declined to 85.3 from 87.8 in September, while production expectations for the next three months dropped to 107 from 115.6. Export order expectations for the next three months fell to 109.7 from 111.9, while total orders over the past three months decreased to 100.7 from 104.2. Moreover, the general business situation deteriorated further, falling to 83.9 from 90.4. Meanwhile, current finished goods stocks rose to 100.4 from 96.9, while fixed investment expenditure expectations improved to 107.2 from 104.9. Expectations for total employment over the next three months edged up to 104.5 from 104.4.
2026-10-21
Turkey Manufacturing Confidence Falls to 5-Month Low
Turkey’s manufacturing coincidence index fell to 102 in September 2026 from 102.8 in the previous month, marking the lowest reading since April. The decline was driven by weaker production and export expectations, with output over the next three months falling to 115.6 from 121.1 in August, while export orders for the coming three months dropped to 111.9 from 118.3. Expectations for fixed investment expenditure also eased to 104.9 from 105.5, and total orders over the past three months edged down to 104.2 from 104.4. However, firms reported stronger current orders, rising to 87.8 from 84.8, while employment expectations increased to 104.4 from 103.3. Inventories of finished goods fell to 96.9 from 98.1, indicating lower stock levels, while expectations for the general business situation improved to 90.4 from 86.7.
2026-09-21
Turkey Business Morale Improves in August
Turkey’s manufacturing confidence index rose to 102.8 in August 2026 from a three-month low of 102.2 in the previous month, as sentiment among manufacturers improved slightly. Confidence was supported by a rebound in total orders over the past three months (104.4 vs 99.9 in July), higher fixed investment expenditure (105.5 vs 104.7), and a modest increase in current total orders (84.8 vs 84.5). Output volumes also strengthened to 121.1 from 119.3, while finished goods inventories rose to 98.1 from 97.0. Export orders increased to 118.3 from 116.6, pointing to firmer external demand. However, the improvement was partly limited by a weaker overall business outlook, which fell to 86.7 from 90.2, while expected employment over the next three months declined to 103.3 from 105.2.
2026-08-21