Turkey Consumer Confidence Hits Over 3-Year High

Turkey’s consumer confidence index rose to 90.8 in August 2026 from 89.8 in the previous month. This marked the highest reading since May 2023, supported by a more favorable assessment of households’ current financial situation, with the corresponding index rising to 75.4 from 74.5 in July. Confidence in households’ financial situation over the next 12 months also strengthened further, reaching 93.1 from 91.4 previously, while expectations for the general economic outlook over the coming year advanced to 89.4 from 88.3. Meanwhile, willingness to spend on durable goods was unchanged at 105.1. Despite the overall improvement in sentiment, the consumer confidence index remained below the neutral 100 threshold, indicating that consumers continued to hold a generally pessimistic view of economic conditions.

Turkey’s consumer confidence index rose to 89.8 in July 2026 from 87.9 in the previous month, according to the latest Consumer Tendency Survey conducted jointly by the Turkish Statistical Institute and the Central Bank of the Republic of Türkiye. The reading remained the highest since May 2023, driven by an improved assessment of households’ current financial situation, which rose to 74.5 from 72.3, alongside stronger expectations for the general economic outlook, which increased to 88.3 from 83.9 in June. Confidence in households’ financial situation over the next 12 months also strengthened, climbing to 91.4 from 89.5. Meanwhile, willingness to spend on durable goods eased slightly to 105.1 from 105.9. Despite the monthly improvement, the index remained well below the neutral 100 threshold, indicating that consumers continued to be generally pessimistic about economic conditions.

Turkey’s consumer confidence index rose to 87.9 in June 2026 from 85.8 in May, according to the latest consumer tendency survey conducted jointly by the Turkish Statistical Institute and the Central Bank of the Republic of Türkiye. This marked the highest reading since May 2023, driven by a stronger assessment of households’ current financial situation, which increased to 72.3 from 69.2 in May, alongside continued improvement in expectations for the general economic outlook, rising to 83.9 from 81.4. Household financial expectations for the next 12 months also improved to 89.5 from 87.9, while willingness to spend on durable goods increased to 105.9 from 104.5. Despite the monthly improvement, the index remained below the neutral 100 level, indicating that consumer sentiment in Turkey is still broadly pessimistic.