According to the September results of the Export Market Monitor published by the Turkish Exporters Assembly (TEA), the Export Demand Index decreased by 0.7% compared to the same month last year, reaching 99.4. Thus, the index indicated that export demand remained below the threshold.
According to the monitor, the Market Resilience Index was measured at 100.8 points in September, reflecting a 0.5% monthly increase and a 1.2% annual increase. This index utilizes long and short term social, economic, and political indicators to assess the resilience of export markets against risks.
In its statement, TEA emphasized that demand conditions for exported products are tracked using fundamental and leading macroeconomic indicators across export markets. In September, despite declines in business confidence, partial improvements in unemployment, inflation, industrial production, and consumer confidence indicators brought the demand index closer to its long term average.
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