Turkey Consumer Confidence Lowest in 9 Months

Turkey’s consumer confidence index fell to 84.8 in October 2026 from a more than eight-year high of 91.9 in the previous month. The latest result marked the lowest reading since January, as all sub-indices deteriorated. Expectations for households’ financial situation over the next 12 months dropped to 86.4 from 93.7, while the index measuring the general economic outlook declined to 81.7 from 89.8. Assessments of current household finances also weakened, falling to 68.3 from 75.3. Meanwhile, intentions to spend on durable goods over the next 12 months eased to 102.7 from 108.8. The broad-based decline suggests consumers became more pessimistic about their finances and the economic outlook, although the durable-goods index remained above the neutral 100 mark.

Turkey’s consumer confidence index rose to 91.9 in September 2026 from 90.8 in the previous month. It marked the highest reading since July 2018, as expectations for households’ financial situation over the next 12 months improved to 93.7 from 93.1, while confidence in the general economic outlook rose to 89.8 from 89.4. Consumers also showed a stronger willingness to make major purchases, with the index measuring intentions to spend on durable goods climbing to 108.8 from 105.1. On the other hand, assessments of current household finances edged down to 75.3 from 75.4. Despite the improvement in sentiment, the headline index remained below the neutral 100 mark, suggesting that consumers continued to hold a broadly pessimistic view of economic conditions.

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.