The manufacturing confidence index in Turkey rose to 92.8 in November 2018 from a nine-and-a-half-year low of 87.6 in the previous month, due to an improvement in expectations over the next three months regarding output (95.7 vs 89.8 in October), export orders (105.4 vs 100.4) and employment (98.0 vs 94.8). In addition, the gauge measuring general business situation jumped to 90.0 in November from 66.4 in October and the fixed investment expenditure sub-index rose to 96.7 from 96.3. Business Confidence in Turkey averaged 99.29 Index Points from 1987 until 2018, reaching an all time high of 123.30 Index Points in December of 1987 and a record low of 52.60 Index Points in December of 2008.

Business Confidence in Turkey is expected to be 95.50 Index 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 105.10 in 12 months time. In the long-term, the Turkey Business Confidence is projected to trend around 101.00 Index Points in 2020, according to our econometric models.

Turkey Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-27 11:30 AM Business Confidence 96.4 102.7 102
2018-09-24 11:30 AM Business Confidence 89.6 96.4 95
2018-10-25 11:30 AM Business Confidence 87.6 89.6 87.5
2018-11-26 11:30 AM Business Confidence 92.8 87.6 89.1
2018-12-26 11:30 AM Business Confidence 92.8 95.5
2019-01-24 11:30 AM Business Confidence
2019-02-22 11:30 AM Business Confidence


Turkey Business Last Previous Highest Lowest Unit
Business Confidence 92.80 87.60 123.30 52.60 Index Points [+]
Manufacturing PMI 44.70 44.30 55.70 42.70 [+]
Industrial Production -5.70 -2.40 27.30 -21.20 percent [+]
Industrial Production Mom -1.90 -2.60 16.70 -13.40 percent [+]
Manufacturing Production -6.50 -2.90 31.00 -24.50 percent [+]
Capacity Utilization 74.10 75.40 82.00 58.70 percent [+]
Changes in Inventories -3640862.40 -5151941.80 27201230.50 -23785271.80 TRY THO [+]
Bankruptcies 1235.00 1183.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 58204.00 21571.00 156173.00 1764.00 [+]
Car Production 131231.00 132931.00 163460.00 1421.00 Units [+]
Car Registrations 38119.00 45235.00 157531.00 5921.00 [+]
Leading Economic Index 0.33 1.01 12.75 -7.01 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Steel Production 3164.25 2823.28 3368.15 152.00 Thousand Tonnes [+]
Mining Production 6.10 5.50 39.90 -27.70 percent [+]
Competitiveness Index 61.60 61.42 61.60 4.13 Points [+]
Competitiveness Rank 61.00 58.00 63.00 43.00 [+]
Ease of Doing Business 43.00 60.00 73.00 43.00 [+]
Electricity Production 23590.00 25075.00 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 40.00 41.00 50.00 31.00 Points [+]
Corruption Rank 81.00 75.00 81.00 29.00 [+]


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. . 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
92.80 87.60 123.30 52.60 1987 - 2018 Index Points Monthly
NSA




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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