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

The economic confidence index in Turkey slumped to 71 in September of 2018 from 83.9 in August, reaching a new low since March of 2009. Sentiment deteriorated among consumers (59.3 vs 68.3 in August), manufacturers (90.4 vs 96.3), service providers (79.4 vs 88), retailers (88.5 vs 93.4) and constructors (57.3 vs 68.8). Economic Optimism Index in Turkey averaged 99.56 Index points from 2007 until 2018, reaching an all time high of 116.50 Index points in January of 2011 and a record low of 60.40 Index points in November of 2008.

Turkey Economic Confidence Index
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Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 59.30 68.30 98.68 55.66 Index Points [+]
Retail Sales MoM 0.40 1.30 5.00 -7.30 percent [+]
Retail Sales YoY 1.30 2.80 24.70 -5.90 percent [+]
Consumer Spending 262057700.20 249342016.00 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 2135603878.00 1954115597.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 528496370.00 531736763.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.17 1.11 2.68 0.56 USD/Liter [+]
Households Debt To Gdp 16.60 17.10 19.60 0.10 percent of GDP [+]
Economic Optimism Index 71.00 83.90 116.50 60.40 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
71.00 83.90 116.50 60.40 2007 - 2018 Index points Monthly

economic optimism index by Country
Country Last
Euro Area 110.90 Sep/18
Turkey 71.00 Sep/18
United States 57.80 Oct/18