The consumer confidence indicator in Turkey declined to 76.8 in October 2021, the lowest level since February 2009, amid a falling lira. There was a sharp deterioration in households' expectations over the next 12 months regarding their financial situation (75.6 vs 79.0), general economic situation (74.2 vs 79.3), and the assessment on durable goods purchases (96.6 vs 97.7). In addition, the current financial situation of consumers weakened also (60.7 vs 62.6). source: Turkish Statistical Institute
Consumer Confidence in Turkey averaged 89.91 points from 2004 until 2021, reaching an all time high of 106.10 points in January of 2004 and a record low of 73.90 points in November of 2008. This page provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Consumer Confidence in Turkey is expected to be 79.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Consumer Confidence is projected to trend around 89.00 points in 2022 and 95.00 points in 2023, according to our econometric models.