According to the Turkish Statistical Institute (TurkStat), the economic confidence index decreased by 1.5 percent in July from 95.8 in June to 94.4, the lowest level since August 2023.
Compared to the previous month, consumer confidence index decreased by 3.1 percent to 75.9 in July, real sector (manufacturing industry) confidence index decreased by 1.8 percent to 98.7, service sector confidence index decreased by 1.1 percent to 114.1, retail trade confidence index decreased by 1.5 percent to 107.1, construction confidence index decreased by 0.9 percent to 87.1.
