Turkey’s economic confidence strengthens in November
Reports indicated that all five major components of the index showed growth during the month.
Retail trade confidence edged up by 0.9%, while sentiment within the real sector improved by 1.2%. The construction industry also saw a 1.5% boost, and the services sector recorded a 1% lift.
Consumer confidence posted the strongest gain, increasing by 1.6%.
The broader economic confidence index—which measures general sentiment across multiple sectors—ranges from 0 to 200. Readings above 100 reflect an optimistic view of overall economic conditions, whereas figures below that threshold signal a more cautious or negative outlook.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
