Consumer confidence

Sectoral confidence slips in December

Confidence in Turkey's key sectors fell on a monthly basis in December, the country's statistical authority said on Dec. 25.  

The services confidence index dropped the most this month with a 9.2% month-on-month decrease to reach 70.4 points, the Turkish Statistical Institute (TÜİK) data showed.

The drop was largely driven by weak demand due to the coronavirus pandemic.

Sectoral confidence up in May

In Turkey, confidence in all sectors posted a rise in May, the country's statistical authority reported on May 22.

Seasonally adjusted confidence indices for services, retail trade and construction rose 10.8%, 5% and 31.1%, respectively, month-on-month in May.

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