Turkey Business Confidence - Forecast

Business Confidence in Turkey is expected to be 95.00 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 90.50 in 12 months time. In the long-term, the Turkey Business Confidence is projected to trend around 100.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 89.6 95 85.5 89.1 90.5 100
Manufacturing PMI 46.4 45.2 47.2 49.5 51.9 53.2
Industrial Production 5.6 5.1 4.6 3.8 3.6 2.5
Industrial Production Mom 3.5 0.7 0.8 0.5 -0.4 0.5
Manufacturing Production 5.6 4.9 4.2 3.6 3.4 2
Capacity Utilization 76.2 77.4 76.5 74.4 72.5 75
Changes in Inventories -171657 15100000 -1780000 -3200000 -3200000 -1560000
Bankruptcies 1017 1120 2420 950 850 2050
Total Vehicle Sales 34346 70200 120000 70500 46600 119000
Car Production 47175 130800 125800 150500 127900 145400
Car Registrations 96562 76100 93000 91900 60800 100000
Leading Economic Index 3.08 2.5 2.5 2.2 2.2 3
Internet Speed 7558 7680 7462 7673 7495 7528
IP Addresses 8079762 8061923 8070964 8077035 8077370 8092863
Steel Production 3266 2900 2720 3000 2800 2730
Mining Production 8.5 7.5 4.4 3.2 3 2
Competitiveness Index 4.42 4.42 4.42 4.45 4.45 4.47
Competitiveness Rank 53 53 53 52 52 51
Ease of Doing Business 60 59 59 58 58 57
Electricity Production 23912 24100 24000 23800 22900 24700
Corruption Index 40 41 41 42 42 43
Corruption Rank 81 80 80 79 79 78