Turkey Economic Confidence Index  2007-2017 | Data | Chart | Calendar

The economic confidence index in Turkey rose by 1 point to 100.5 in May 2017 from 90.5 in the previous month. It was the highest reading since November 2015, as sentiment improved among consumers (72.8 from 71.3 in April), service providers (102 from 99.9), retailers (102.8 from 101.6) and constructors (86.3 from 85.7). By contrast, confidence among manufacturers continued to fall (104.8 from 106.3 in April). Economic Optimism Index in Turkey averaged 99.78 Index points from 2007 until 2017, reaching an all time high of 116.10 Index points in January of 2011 and a record low of 62 Index points in November of 2008.

Turkey Economic Confidence Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-30 07:00 AM Mar 96.1 91.5 88.9
2017-04-27 07:00 AM Apr 99.5 96 96.8
2017-05-26 07:00 AM May 100.5 99.5 100.2
2017-06-29 07:00 AM Jun 100.5 100.48
2017-07-28 07:00 AM Jul 100.26
2017-08-29 07:00 AM Aug 100.28




Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 72.80 71.30 98.68 55.66 [+]
Retail Sales MoM 2.10 1.50 5.10 -7.30 percent [+]
Retail Sales YoY -0.40 -4.40 24.70 -5.90 percent [+]
Consumer Spending 264285010.30 237038784.50 264285010.30 101701774.50 TRY THO [+]
Private Sector Credit 1528803245.00 1493024893.00 1528803245.00 4762.10 TRY Thousand [+]
Consumer Credit 442053920.00 437783895.00 442053920.00 4110315.00 TRY THO [+]
Households Debt To Gdp 17.70 17.50 19.60 0.10 percent of GDP [+]
Gasoline Prices 1.48 1.42 2.68 0.56 USD/Liter [+]
Economic Optimism Index 100.50 99.50 116.10 62.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
100.50 99.50 116.10 62.00 2007 - 2017 Index points Monthly



economic optimism index by Country

Last
Euro Area 109.60 Apr/17
Turkey 100.50 May/17
United States 51.30 May/17