Consumer confidence index increased by 3.9 percent in January

Turkish Statistical Institute (TUIK) announced the consumer confidence index data for January.
Accordingly, the seasonally adjusted consumer confidence index, calculated from the results of the "Consumer Tendency Survey" conducted in cooperation with TURKSTAT and the Central Bank of the Republic of Türkiye, increased by 3.9 percent in January compared to December 2023.

The index, which was 77.4 last month, was recorded as 80.4 this month. Thus, the index reached the highest level of the last 7 months. The index had seen the level of 85.1 in June 2023.

While the index of the financial situation of the household in the current period was 63.4 last month, it increased by 6 percent to 67.2 in January.

The index for the expectation of the financial situation of the household in the next 12 months was 79.5 in January, up 4.5 percent from 76.1 in December 2023.

The general economic situation expectation index for the next 12 months, which was 75.8 last month, gained 1.8 percent and was recorded as 77.2 this month.

The index of the intention to spend on durable consumer goods in the next 12 months, which was 94.5 in December 2023, increased by 3.6 percent in January and was determined as 97.9.