Turkey Economic Confidence Index  2007-2018 | Data | Chart | Calendar

The economic confidence index in Turkey declined to 103 in February of 2018 from 104.9 in the previous month. Sentiment softened among constructors (83.8 from 87.0 in January); retailers (104.7 from 106.2); service providers (100.7 from 102.0) and manufacturers (110.8 from 110.9). At the same time, confidence was unchanged for consumers (72.3). Economic Optimism Index in Turkey averaged 99.88 Index points from 2007 until 2017, reaching an all time high of 116.10 Index points in January of 2011 and a record low of 62 Index points in November of 2008.

Turkey Economic Confidence Index
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Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 71.30 72.25 98.68 55.66 Index Points [+]
Retail Sales MoM 1.20 2.60 5.00 -7.30 percent [+]
Retail Sales YoY 10.70 8.90 24.70 -5.90 percent [+]
Consumer Spending 270280414.20 246270898.30 270280414.20 101701774.50 TRY THO [+]
Private Sector Credit 1738355128.00 1728994281.00 1738355128.00 4762.10 TRY Thousand [+]
Consumer Credit 499325436.00 495258579.00 499325436.00 4110315.00 TRY THO [+]
Gasoline Prices 1.49 1.55 2.68 0.56 USD/Liter [+]
Households Debt To Gdp 17.30 17.50 19.60 0.10 percent of GDP [+]
Economic Optimism Index 103.00 104.90 116.10 62.00 Index points [+]

Turkey Economic Confidence Index

In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100. This page provides the latest reported value for - Turkey Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Economic Confidence Index - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
103.00 104.90 116.10 62.00 2007 - 2018 Index points Monthly

economic optimism index by Country
Country Last
Euro Area 114.10 Feb/18
Turkey 103.00 Feb/18
United States 55.60 Mar/18