Türkiye’s financial confidence index climbed by 1.3% month-over-month in September, the official information shared Thursday revealed.
The index climbed from 94.1 to 95.4 from August to September, the Turkish Statistical Institute (TurkStat) stated.
The index rose 5.1% for shoppers, 0.5% for the true sector, 2% for companies, 3% for retail commerce and 1% for development, it added.
The financial confidence index is a composite index that encapsulates shoppers’ and producers’ evaluations, expectations and tendencies in regards to the normal financial state of affairs.
It signifies an optimistic outlook whether it is above 100 or a pessimistic outlook beneath 100.
Source: www.dailysabah.com