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Turkiye consumer confidence index rises by 2.4% in September

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Turkish Economy As Consumer Inflation Slows at Sharpest Pace Since 2022
Turkiye’s consumer confidence index increased by 2.4 per cent in September, reaching 78.2 points, according to the latest data released by the Turkish Statistical Institute (TurkStat). The rise reflects a positive shift in consumer sentiment compared to August, when the index stood at 76.4. The consumer confidence index is a key economic indicator, reflecting households’ expectations regarding financial conditions, employment opportunities and the general economic outlook. An increase in the index suggests that consumers are more optimistic about the country’s economic future, which may influence spending behaviours and stimulate economic activity. Despite the positive trend, the index remains below the neutral threshold of 100, indicating that overall consumer confidence is still cautious. Nevertheless, the improvement signals hope for a gradual […]

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