Consumer confidence index rises 2.2 percent in July
Türkiye’s consumer confidence index rose 2.2 percent month-on-month to 89.8 in July, the Turkish Statistical Institute (TÜİK) said on July 23.
The confidence indicator reached its highest level since May 2023, when it stood at 91.1.
The index signals an optimistic outlook when it is above 100 and a pessimistic outlook when it remains below that level.
The household financial situation index for the current period increased 3 percent month-on-month, rising from 72.3 in June to 74.5 in July.
