Leading Economic Index Turkey increased 6.34 percent in May of 2022 over the same month in the previous year. source: Central Bank of the Republic of Turkey

Leading Economic Index in Turkey averaged 3.71 percent from 1988 until 2022, reaching an all time high of 17.81 percent in April of 2021 and a record low of -8.56 percent in November of 2008. This page provides the latest reported value for - Turkey Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Leading Economic Index - values, historical data and charts - was last updated on June of 2022.

Leading Economic Index in Turkey is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Leading Economic Index is projected to trend around 3.80 percent in 2023 and 4.60 percent in 2024, according to our econometric models.

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Turkey Leading Economic Index

Related Last Previous Unit Reference
Business Confidence 106.40 109.40 points Jun 2022
Capacity Utilization 77.60 78.00 percent Jun 2022
Leading Economic Index 6.34 6.71 percent May 2022

Turkey Leading Economic Index
In Turkey, the Composite Leading Indicator – MBONCU-SUE - predicts fluctuations in economic activity. It was constructed by the Central Bank with OECD cooperation, and includes the following series: amount of electricity produced, treasury auction interest rate weighted by the amount sold, imports of intermediate goods, CBRT Business Tendency Survey related to (1) stocks of finished goods, (2) amount of new orders received from domestic market, (3) export possibilities and (4) employment. The index has a base value of 100 as of 1995.
Actual Previous Highest Lowest Dates Unit Frequency
6.34 6.71 17.81 -8.56 1988 - 2022 percent Monthly