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

The economic optimism index in Turkey dropped to 70.52 in December of 2016 from 86.55 in November. It was the lowest reading on record, as most of sub-indices showed a decline: consumer confidence (-8.0 percent from the prior month to 63.38), real sector confidence (-3.7 percent to 103.60) and services confidence (-3.5 percent to 93.35). In contrast, sub-indices went up for: construction confidence (+0.5 percent to 76.15) and retail trade confidence (+0.1 percent to 96.13). Economic Optimism Index in Turkey averaged 96.11 Index points from 2012 until 2016, 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)
2016-10-27 07:00 AM Oct 80.56 87.8 84.2
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 70.52 82.17
2017-02-27 07:00 AM Feb 75.39
2017-03-30 07:00 AM Mar 84.49




Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 63.40 68.90 98.68 55.66 [+]
Retail Sales MoM 0.10 -0.80 9.70 -7.30 percent [+]
Retail Sales YoY -2.00 -0.20 24.70 -5.90 percent [+]
Consumer Spending 22104317.10 22437055.90 22913268.30 10371420.00 TRY THO [+]
Consumer Credit 422763101.00 414328568.00 422763101.00 4110315.00 TRY THO [+]
Private Sector Credit 1423464505.00 1372356896.00 1423464505.00 4762.10 TRY Thousand [+]
Households Debt To Gdp 21.10 21.00 22.60 0.10 percent of GDP [+]
Gasoline Prices 1.48 1.49 2.68 0.56 USD/Liter [+]
Economic Optimism Index 70.52 86.55 115.98 70.52 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
70.52 86.55 115.98 70.52 2012 - 2016 Index points Monthly



Last
Israel 117.90 Nov/16
Latvia 103.90 Dec/16
Slovakia 102.70 Dec/16
Turkey 70.52 Dec/16
United States 55.60 Jan/17