Turkey Consumer Morale Edges Down

Turkey’s consumer confidence index edged down to 85 in March 2026, from an eleven-month high of 85.7 in the previous month. This remained below the 100 threshold, indicating that consumer sentiment continues to reflect a pessimistic outlook. Expectations for households’ financial situation over the next twelve months fell to 85.6 from 86.8 in February. Similarly, expectations for the general economic outlook over the same period declined to 79.1 from 81.4. Intentions to spend on durable goods also weakened, slipping to 102.7 from 103.2. Meanwhile, assessments of current household financial conditions improved, rising to 72.8 in March from 71.3 in the prior month.

Turkey’s consumer confidence index rose to 85.7 in February 2026 from 83.7 in January, marking the highest reading since March 2025. Assessments strengthened for households’ current financial situation, with the index climbing to 71.3 from 68.2 in January. Expectations for households’ financial outlook over the next twelve months also improved significantly, rising to 86.8 from 83.3. Households’ willingness to spend on durable goods strengthened modestly, with the index increasing to 103.2 from 101.9, suggesting a gradual improvement in purchasing intentions. Meanwhile, expectations for the general economic situation over the next year remained broadly stable, edging slightly lower to 81.4 from 81.5. Despite the improvement, the overall index remained below the 100 threshold, indicating that consumer confidence continues to reflect a pessimistic outlook.

Turkey’s consumer confidence index edged up to 83.7 in January 2026 from 83.5 in December, marking a modest improvement in household sentiment. The uptick was driven by a better assessment of households’ current financial situation, with the index rising to 68.2 from 67.9. Expectations for the general economic situation over the next twelve months also improved notably, climbing to 81.5 from 78.2. However, sentiment remained mixed as households’ expectations for their financial situation over the next year weakened to 83.3 from 85.2, while intentions to spend on durable goods eased slightly to 101.9 from 102.6, signaling continued caution in purchasing plans. Overall, the index remained well below the 100 threshold, indicating that consumer confidence is still in pessimistic territory despite the marginal improvement.