The consumer confidence indicator in Turkey dropped to 71.2 in February 2022 from 73.2 a month earlier, amid further pressures on inflation, due to a plunge in the lira. All sub-indices deteriorated: the general economic situation (71.7 vs 74.5 in January), the financial situation expectation over the next 12-month (68.3 vs 71.3), the financial situation at present (55.2 vs 56.1), and the assessment about purchases of durable goods (89.4 vs 90.9). source: Turkish Statistical Institute

Consumer Confidence in Turkey averaged 89.56 points from 2004 until 2022, reaching an all time high of 106.10 points in January of 2004 and a record low of 68.90 points in December of 2021. 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 March of 2022.

Consumer Confidence in Turkey is expected to be 68.00 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 95.00 points in 2023, according to our econometric models.

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Turkey Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-01-21 07:00 AM Jan 73.2 68.9 66.8
2022-02-18 07:00 AM Feb 71.2 73.2 73.7
2022-03-23 07:00 AM Mar 71.2 68


Related Last Unit Reference
Consumer Confidence 71.20 points Feb 2022
Retail Sales MoM -1.50 percent Jan 2022
Retail Sales YoY 7.90 percent Jan 2022
Consumer Spending 363070054.60 TRY THO Dec 2021
Economic Optimism Index 98.20 points Feb 2022

Turkey Consumer Confidence
In Turkey, Consumer Tendency Survey aims to measure present situation assessments and future period expectations of consumers' on personal financial standing and general economic course and to determine consumers' expenditure and saving tendencies for near future. The survey covers a randomly selected sample of all individuals at the age of 15 and above having a job in urban and rural areas. The index is evaluated between 0 and 200. The reading above 100 means consumers are optimistic and below 100 are pessimistic.
Actual Previous Highest Lowest Dates Unit Frequency
71.20 73.20 106.10 68.90 2004 - 2022 points Monthly
SA

News Stream
Turkish Consumer Morale Weakens in February
The consumer confidence indicator in Turkey dropped to 71.2 in February 2022 from 73.2 a month earlier, amid further pressures on inflation, due to a plunge in the lira. All sub-indices deteriorated: the general economic situation (71.7 vs 74.5 in January), the financial situation expectation over the next 12-month (68.3 vs 71.3), the financial situation at present (55.2 vs 56.1), and the assessment about purchases of durable goods (89.4 vs 90.9).
2022-02-18
Turkish Consumer Mood Improves
The consumer confidence indicator in Turkey rose to 73.2 in January 2022 from a record low of 68.9 a month earlier, amid efforts by the government and central bank to adress the currency crises. All sub-indices strengthened at the start of a new year: the general economic situation (74.5 vs 66.7 in December), the financial situation expectation over the next 12-month (71.3 vs 65.2), the financial situation at present (56.1 vs 54.1), and the assessment about purchases of durable goods (90.9 vs 89.6).
2022-01-21
Turkish Consumer Sentiment Hits New Record Low
The consumer confidence indicator in Turkey declined to a fresh record low of 68.9 in December 2021 from 71.1 in the previous month, amid a plunge in the lira. Households' expectations regarding their financial situation over the next 12 months deteriorated (65.2 vs 68.9 in November), along with those at present (54.1 vs 56.1). In addition, consumers' views regarding the general economic situation weakened further (66.7 vs 68.2), and their assessment about purchases of durable goods continued to fall (89.6 vs 91.4).
2021-12-21