Turkey Economic Confidence Index



Economic Optimism Index in Turkey increased to 85.90 points in August from 82.20 points in July of 2020. Economic Optimism Index in Turkey averaged 99.03 points from 2007 until 2020, reaching an all time high of 114.80 points in January of 2011 and a record low of 51.30 points in April of 2020. In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100. This page provides the latest reported value for – Turkey Economic Optimism Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.



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