Turkey’s manufacturing confidence index slipped to 102.2 in July 2026 from 103.5 in the previous month, marking its lowest level since April as sentiment among manufacturers weakened. Confidence deteriorated amid a sharp decline in total orders over the past three months (99.9 vs. 106.6 in June), alongside weaker fixed investment expenditure (104.7 vs. 112.4), lower current total orders (84.5 vs. 88.4), and a slightly softer overall business outlook (90.2 vs. 90.9). However, the decline was partly offset by stronger readings for output volumes (119.3 vs. 117.6), finished goods inventories (97.0 vs. 95.8), expected employment over the next three months (105.2 vs. 103.9), and export orders (116.6 vs. 112.5), indicating manufacturers remained relatively optimistic about production and external demand despite weaker domestic order conditions. source: Central Bank of the Republic of Turkey

Business Confidence in Turkey decreased to 102.20 points in July from 103.50 points in June of 2026. Business Confidence in Turkey averaged 99.99 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 August of 2026.

Business Confidence in Turkey decreased to 102.20 points in July from 103.50 points in June of 2026. Business Confidence in Turkey is expected to be 103.50 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
2026-06-19 07:00 AM
Business Confidence
Jun 103.50 103.30 101.5
2026-07-22 07:00 AM
Business Confidence
Jul 102.20 103.50 103.7
2026-08-21 07:00 AM
Business Confidence
Aug 102.20


Related Last Previous Unit Reference
Bankruptcies 3382.00 2131.00 Companies Jun 2026
Business Confidence 102.20 103.50 points Jul 2026
Capacity Utilization 73.90 74.50 percent Jul 2026
Auto Production YoY 124679.00 90290.00 Units Jun 2026
Car Registrations 194740.00 159623.00 Units Jun 2026
Changes in Inventories 423214845.00 415972474.00 TRY Thousand Mar 2026
Composite Leading Indicator 100.05 100.09 points Jun 2026
Corruption Index 31.00 34.00 Points Dec 2025
Corruption Rank 124.00 107.00 Dec 2025
Electricity Production 25010.19 25892.20 Gigawatt-hour May 2026
Industrial Production YoY 0.00 6.10 percent May 2026
Industrial Production MoM -2.90 3.70 percent May 2026
Manufacturing Production 0.30 6.90 percent May 2026
Mining Production -5.00 -2.80 percent May 2026
Steel Production 3300.00 3400.00 Thousand Tonnes Jun 2026
Auto Sales YoY 105041.00 83442.00 Units Jun 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
102.20 103.50 123.30 52.60 1987 - 2026 points Monthly
NSA

News Stream
Turkey Manufacturing Sentiment Falls to 3-Month Low
Turkey’s manufacturing confidence index slipped to 102.2 in July 2026 from 103.5 in the previous month, marking its lowest level since April as sentiment among manufacturers weakened. Confidence deteriorated amid a sharp decline in total orders over the past three months (99.9 vs. 106.6 in June), alongside weaker fixed investment expenditure (104.7 vs. 112.4), lower current total orders (84.5 vs. 88.4), and a slightly softer overall business outlook (90.2 vs. 90.9). However, the decline was partly offset by stronger readings for output volumes (119.3 vs. 117.6), finished goods inventories (97.0 vs. 95.8), expected employment over the next three months (105.2 vs. 103.9), and export orders (116.6 vs. 112.5), indicating manufacturers remained relatively optimistic about production and external demand despite weaker domestic order conditions.
2026-07-22
Turkey Manufacturing Confidence Hits 4-Month High
Turkey’s manufacturing confidence index rose to 103.50 in June 2026 from 103.30 in the previous month, marking the highest reading since February. The improvement was driven by stronger expectations for production and investment, with output over the next three months rising to 117.6 from 114.3 and fixed investment expenditure increasing to 112.4 from 109.8. Firms also reported a slight improvement in demand conditions, as total orders over the past three months edged up to 106.6 from 105.5, while expectations for total orders in the coming three months rose to 106.6 from 105.4. Current orders improved modestly to 88.4 from 87.5, although export order expectations softened to 112.5 from 116.3. Employment expectations eased slightly to 103.9 from 105.4, suggesting a more cautious outlook on hiring. Meanwhile, inventories of finished goods declined to 95.8 from 97.4, while sentiment regarding the general business situation improved marginally to 90.9 from 90.4.
2026-06-19
Turkey Business Morale Hits 3-Month High
Turkey’s manufacturing confidence index rose to 103.3 in May 2026 from a seven-month low of 100.6 in the previous month. It marked the highest reading since February, driven largely by stronger expectations for output over the next three months, which edged up to 114.3 from 114.0, while export order expectations jumped to 116.3 from 112.0. Expectations for employment over the same period also strengthened to 105.4 from 103.7. Moreover, assessments of total current orders improved to 87.5 from 86.5, although assessments of finished goods inventories eased slightly to 97.4 from 97.5. Elsewhere, expectations for fixed investment expenditure increased to 109.8 from 109.3, while perceptions of the general business climate surged to 90.4 from 79.9, pointing to a broader improvement in industrial sentiment.
2026-05-22