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.

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Turkey Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-07-19 07:00 AM Jul 79.5 81.7 83.4
2021-08-23 07:00 AM Aug 78.2 79.5 80.6
2021-09-22 07:00 AM Sep 79.7 78.2 77.4
2021-10-21 07:00 AM Oct 76.8 79.7 76.5
2021-11-22 07:00 AM Nov 76.8
2021-12-21 07:00 AM Dec


News Stream
Turkish Consumer Morale Tumbles to Over 12-Year Low
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).
2021-10-21
Turkey Consumer Morale Improves in September
Turkey's consumer confidence indicator increased by 1.5 points from the previous month to 79.7 in September of 2021. It was the highest reading since June, as the current assessment about the financial situation of households at present improved (62.6 vs 61.3). In addition, consumers were more optimistic regarding their future financial situation (79 vs 78.6 in August), the general economic climate (79.3 vs 75.3) and the labor market outlook (67.7 vs 63.1). At the same time, the probability of saving in the year ahead remained at the same level (97.7).
2021-09-22
Turkey Consumer Morale Weakens Further in August
Turkey's consumer confidence indicator decreased 1.3 points from the previous month to 78.2 in August 2021. It was the lowest reading since May, amid a deterioration in expectations over the next 12 months regarding the general economic situation (75.3 vs 83.2 in July) and households' financial situation (78.6 vs 79.8). More positively, the current opinion about the financial situation of households at present improved (61.3 vs 57.9). Moreover, consumers are more likely to spend money on durable goods over the next 12 months (97.7 vs 97).
2021-08-23
Turkish Consumer Morale Weakens in July
Turkey's consumer confidence indicator decreased 2.7 points from the previous month to 79.5 in July 2021, amid a deterioration in expectations over the next 12 months regarding households' financial situation (79.8 vs 82.9 in June) and general economic situation (83.2 vs 86.0). In addition, the major purchases climate was little-changed (97.0 vs 96.9), while the current assessment of households' financial situation was also weaker (57.9 vs 61.0).
2021-07-19

Turkey Last Unit Reference Previous Highest Lowest
Consumer Confidence 76.80 points Oct/21 79.70 106.10 73.90
Retail Sales MoM 0.30 percent Aug/21 1.20 23.90 -20.30
Retail Sales YoY 15.00 percent Aug/21 13.20 42.70 -20.00
Consumer Spending 281912681.60 TRY THO Jun/21 259387340.10 299142189.00 101260078.20
Economic Optimism Index 102.40 points Sep/21 100.80 114.00 58.40


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.