Continuous Increase in Economic Confidence Index

Forex - The economic confidence index rose to 98.0.
According to a statement by the Turkish Statistical Institute (TÜİK), the economic confidence index was 95.0 in September and increased by 3.2% to a value of 98.0 in October.
Compared to the previous month, in October, the consumer confidence index increased by 3.0% to a value of 80.6, the real sector (manufacturing industry) confidence index increased by 3.0% to a value of 102.2, the services sector confidence index increased by 1.5% to a value of 114.2, the retail trade sector confidence index increased by 0.1% to a value of 110.7, and the construction sector confidence index decreased by 1.7% to a value of 86.3.
The economic confidence index, confidence indices, and change rates, October 2024.

Index
Change rate (%) compared to the previous month

September
October
September
October

Economic confidence index
95.0
98.0
2.0
3.2

Consumer confidence index
78.2
80.6
2.4
3.0

Real sector confidence index
99.2
102.2
1.2
3.0

Services sector confidence index
112.6
114.2
0.6
1.5

Retail trade sector confidence index
110.6
110.7
2.5
0.1

Construction sector confidence index
87.8
86.3
-0.2
-1.7

Index values are seasonally adjusted figures. There are no seasonal effects in the consumer confidence index.