Turkey Business Confidence  Forecast


Turkey Business Confidence
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Business Confidence in Turkey is expected to be 107.00 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 105.00 in 12 months time. In the long-term, the Turkey Business Confidence is projected to trend around 104.00 in 2020, according to our econometric models.


Turkey Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 103 107 107 106 105 104
Manufacturing PMI 54.9 53 52.9 52.8 52.7 51
Industrial Production 7 4.5 3.2 3 2.9 2.5
Industrial Production Mom 0.3 -0.6 -0.3 0.7 0.8 0.5
Manufacturing Production 7.1 5.1 4.4 2.9 2 1
Capacity Utilization 79 79.5 79.7 79.6 79.4 78
Changes in Inventories 22079655 1218015 -3852839 14862833 -851000 -739000
Bankruptcies 1228 690 1150 915 1860 1710
Total Vehicle Sales 136240 74100 84100 72200 165000 169000
Car Production 163460 159700 144500 137800 159800 165400
Car Registrations 109319 104500 96100 87100 132000 135000
Leading Economic Index 5.29 5.1 4.8 4.7 4.9 4.4
Internet Speed 7558 7367 7271 7165 7052 6113
IP Addresses 8079762 8023649 8003874 7976064 7949045 7741672
Steel Production 3115 3200 3020 2900 2720 2730
Mining Production 5.9 2.6 2.4 2.2 1.9 2
Competitiveness Index 4.42 4.42 4.42 4.42 4.42 4.47
Competitiveness Rank 53 53 53 53 53 51
Ease of Doing Business 60 59 59 59 59 57
Electricity Production 23655 23700 22600 24100 24000 24700
Corruption Index 41 43 43 43 43 45
Corruption Rank 75 73 73 73 73 71