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The economic confidence index remained flat at 99.5 in December

According to data released by the Turkish Statistical Institute (TUIK), the Economic Confidence Index remained unchanged in December compared to the previous month, standing at 99.5.

The economic confidence index remained flat at 99.5 in December

In the same period, the consumer confidence index decreased by 1.8% as monthly to 83.5. In contrast, the real Sector (Manufacturing Industry) confidence index increased by 0.5% to 103.7.

When sectoral confidence indices are examined, the services confidence index increased by 0.4% in December to 112.3, while the retail trade confidence index increased by 1.1% to 115.4.

On the other hand, the construction confidence index decreased by 0.5% in December to 84.5. The data indicate that weakness on the consumer side continues, while the relatively positive trend in the real sector and services has been maintained.

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