Economic confidence index edges up 0.8 percent in May
Economic confidence index rose by 0.8 percent month-on-month in May to 97.2, the Turkish Statistical Institute (TÜİK) said on May 25.
An index above 100 indicates an optimistic outlook for the general economic situation.
The consumer confidence index, which advanced 0.5 percent in April, increased by a further 0.3 percent in May to 85.8.
The real sector (manufacturing industry) confidence index rose by 2.4 percent to 101 in May, following a 1.4 percent decline in the previous month.
