Turkey Economic Confidence Index  2012-2017 | Data | Chart | Calendar

The economic optimism index in Turkey decreased to 85.7 in January of 2017 from an upwardly revised 89.2 in December 2016. It was the lowest reading since November, as most of sub-indices showed a decline: real sector confidence (-3 percent from the prior month to 100.5), services confidence (-6.2 percent to 87.5). construction confidence (-1.7 percent to 74.8), and retail trade confidence (-0.2 percent to 95.9). In contrast, sub-indices went up for: consumer confidence (+5.6 percent from the previous month to 66.9). Economic Optimism Index in Turkey averaged 95.94 Index points from 2012 until 2017, reaching an all time high of 115.98 Index points in March of 2012 and a record low of 70.52 Index points in December of 2016.

Turkey Economic Confidence Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-28 07:00 AM Nov 86.55 80.56 77.5
2016-12-29 07:00 AM Dec 70.52 86.55 74.2
2017-01-30 07:00 AM Jan 85.7 89.2 82.17
2017-02-27 07:00 AM Feb 85.7 79.4
2017-03-30 07:00 AM Mar 84.49
2017-04-27 07:00 AM Apr 73.91




Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 65.70 66.90 98.68 55.66 [+]
Retail Sales MoM -0.80 0.10 9.70 -7.30 percent [+]
Retail Sales YoY -2.70 -2.00 24.70 -5.90 percent [+]
Consumer Spending 22104317.10 22437055.90 22913268.30 10371420.00 TRY THO [+]
Private Sector Credit 1423464505.00 1370819320.00 1423464505.00 4762.10 TRY Thousand [+]
Consumer Credit 424551290.00 422763101.00 424551290.00 4110315.00 TRY THO [+]
Households Debt To Gdp 21.10 21.00 22.60 0.10 percent of GDP [+]
Gasoline Prices 1.43 1.48 2.68 0.56 USD/Liter [+]
Economic Optimism Index 85.70 89.20 115.98 71.46 Index points [+]



Turkey Economic Confidence Index Notes

In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100. This page provides the latest reported value for - Turkey Economic Optimism Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Economic Confidence Index - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
85.70 89.20 115.98 71.46 2012 - 2017 Index points Monthly



Last
Euro Area 108.20 Jan/17
European Union 108.70 Jan/17
Israel 119.90 Jan/17
Latvia 104.20 Jan/17
Slovakia 103.40 Jan/17
Turkey 85.70 Jan/17
United States 56.40 Feb/17