The consumer confidence indicator in Turkey plunged to 63.4 in June of 2022 from 67.6 in the previous month, the lowest level since the series began in 2004. The most marked deterioration in confidence was seen in expectations for the financial situation of households over the next 12 months (59.9 vs. 66.5 in May), as surging inflation and a weak lira weighed further on sentiment. source: Turkish Statistical Institute
Consumer Confidence in Turkey averaged 89.17 points from 2004 until 2022, reaching an all time high of 106.10 points in January of 2004 and a record low of 63.40 points in June of 2022. This page provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Consumer Confidence in Turkey is expected to be 68.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Consumer Confidence is projected to trend around 95.00 points in 2023, according to our econometric models.