The confidence index in the Turkish economy increased by 2.1% in May 2022

The confidence index in the Turkish economy increased by 2.1% in May to reach 96.7 points, according to the statement of the Turkish Statistics Authority 2022

The confidence index in the Turkish economy increased by 2.1% in May 2022
793
2022-05-30 Last update 2022-05-30

The confidence index in the Turkish economy increased by 2.1% in May 2022

The Turkish Statistics Authority revealed in a statement the rise in consumer confidence indicators, the service sector, and retail trade in Turkey, check the details through Imtilak Real Estate company.

The Turkish economy

The economic confidence index rose by 2.1% in May

The statement of the Turkish Statistics Authority stated that the confidence index in the Turkish economy increased by 2.1% during the current month of May, to reach 96.7 points on a monthly basis, compared to last April. The statement indicated that recording this increase in the confidence index came as a result of the rise in consumer confidence, services sector, and retail trade indices.

In this context, the consumer confidence index recorded in May an increase of 0.4%, to reach 67.6 points on a monthly basis, while the confidence index of the retail trade sector increased by 1.7%, to reach 121.4 points, and the confidence index of the services sector increased by 6.1%, To reach 121.7 points.

The Economic Confidence Index is a composite index containing consumer and producer assessments and expectations on the overall state of the economy in Turkey.

الضمان الحكومي انجليزي الضمان الحكومي انجليزي

Edited by Imtilak Real Estate ©

Did you like this topic? You can share it with your friends now.

Sources
Turk Press
More from Imtilak
Opening of Istanbul Financial Center soon

Learn about the new financial center that the Turkish government is soon seeking to open in Istanbul, in order to streng...

2022-06-21
470
Turkey as an alternative to Russia| Will Turkey become a new headquarters for American and international companies?

Because of the raging war between Russia and Ukraine, many American and international trading companies are considering...

2022-03-18
1,553

Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them