TurkeyConsumer Confidence Is on the Rise

[:tr]Türkiye İstatistik Kurumu (TÜİK), mart ayına ilişkin tüketici güven endeksini açıkladı.[:en]The Turkish Statistical Institute (TurkStat) revealed the results of its monthly consumer confidence index for March. [:]
2019-04-02 10:04

The Turkish Statistical Institute (TurkStat) revealed the results of its monthly consumer confidence index for March. Calculated from consumer tendencies survey results by TurkStat in a joint-effort with the Central Bank of the Republic of Turkey, how did the seasonally-adjusted consumer confidence index results unfold for this month?

  • Consumer confidence index increased by 2.9% in March compared to the previous month and settled at 59.4.
  • Thus, the February’s index value of 57.8 surged to 59.4 in March.
  • The financial situation expectation of household index reached 78.3, marking a 4% increase.
  • The general economic situation expectation index climbed from 75 to 78.6, rising by 4.9%.
  • The number of people unemployed expectation index decreased by 0.1% and settled at 58.9.

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