Turkey’s Economic Confidence Index which was 93.9 in April decreased by 1.3% in May to 92.6 over an across the board weakening. As the economy went into partial lockdown in May, the weakening is likely to continue.
– Consumer confidence index decreased by 3.6% to 77.3,
– Real sector confidence index decreased by 0.3% to 107.1,
– Services confidence index decreased by 1.1% to 102.2,
– Retail trade confidence index decreased by 2.1% to 100.9,
– While the construction confidence index increased by 3.0% to 79.6 in May compared to the previous month.
Economic confidence index, May 2021
