Türkiye’s economic confidence rises 1.8 percent in June

Türkiye’s economic confidence index increased 1.8 percent month-on-month in June, driven by gains across all major sectors, according to official data released by the Turkish Statistical Institute (TÜİK) on June 29.

The economic confidence index rose to 98.9 from 97.2 in May.

The improvement reflected stronger sentiment among consumers as well as businesses in manufacturing, services, retail trade and construction.

Consumer confidence also rose 2.5 percent from the previous month to 87.9.