Turkey Economic Confidence Steady in January

The Economic Confidence Index in January 2026 remained unchanged at 99.4, holding steady from the revised figure in the previous month. Consumer morale edged up slightly, rising to 83.7 from 83.5, signaling a modest improvement in household sentiment. Confidence in the real sector (manufacturing) softened, with the index slipping to 103.0 from 103.7, suggesting a slight decline in producers’ expectations. Services outlook strengthened, climbing to 113.8 from 112.3, while retail trade confidence fell to 112.6 from 115.4, reflecting weaker optimism in the retail sector. The construction outlook index also improved, increasing to 85.7 from 84.5, pointing to a brighter outlook in the building sector.

The Economic Confidence Index in Turkey was unchanged at 99.5 in December 2025, remaining at its highest level since March. Retail trade confidence improved more noticeably, with the index climbing to 115.4 from 114.2 in the previous month. Sentiment in the real sector also increased, up to 103.7 from 103.2, suggesting a slight improvement in producers’ expectations. The services confidence index also rose to 112.3 from 111.8. In contrast, consumer confidence deteriorated, falling to 83.5 from 85, reflecting caution among households about the economic outlook. The construction confidence index also edged lower to 84.5 from 84.9.

The Economic Confidence Index in Turkey rose to 99.5 in November 2025 from 98.2 in October, the highest reading since March. Sentiment improved across all sectors, led by consumer confidence, rising 1.6% to 85.0, followed by the real sector index, which gained 1.2% to 103.2, reflecting stronger production and order expectations. The services sector also advanced 1.0% to 111.8, driven by higher activity in tourism, transport, and business services. Additionally, retail sentiment edged up 0.9% to 114.2, remaining one of the most upbeat sectors, while construction sentiment climbed 1.5% to 84.9, partially reversing October’s decline. Despite remaining just below the neutral 100 threshold, the steady rise in the headline index suggests increasing optimism heading into year-end, supported by firmer demand and improving sectoral conditions.