The consumer confidence index in Turkey rose to 57.6 in June 2019 from 55.3 in the previous month, but still remaining in pessimistic territory, amid high inflation and tight financial conditions. Expectations improved regarding households' financial situation (78.3 from 73.9 in May); general economic situation (73.9 from 70.1) and the willingness to save (22.0 from 20.8). Meanwhile, concerns about unemployment were unchanged (at 56.3). Consumer Confidence in Turkey averaged 74.41 Index Points from 2004 until 2019, reaching an all time high of 98.68 Index Points in February of 2004 and a record low of 55.30 Index Points in May of 2019.

Consumer Confidence in Turkey is expected to be 55.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Turkey to stand at 59.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 75.00 Index Points in 2020, according to our econometric models.

Turkey Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-21 07:00 AM Consumer Confidence Mar 59.4 57.8 55
2019-04-22 07:00 AM Consumer Confidence Apr 63.5 59.4 58.8
2019-05-21 07:00 AM Consumer Confidence May 55.3 63.5 62
2019-06-20 07:00 AM Consumer Confidence Jun 57.6 55.3 55.9
2019-07-23 07:00 AM Consumer Confidence Jul 57.6 57
2019-08-22 07:00 AM Consumer Confidence Aug
2019-09-20 07:00 AM Consumer Confidence Sep 57


Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 57.60 55.30 98.68 55.30 Index Points [+]
Retail Sales MoM 0.30 -1.40 5.00 -7.30 percent [+]
Retail Sales YoY -3.70 -6.60 24.70 -8.80 percent [+]
Consumer Spending 236727780.80 257299893.30 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 1988504409.00 2004855030.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 526402249.00 525862937.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.19 1.17 2.68 0.56 USD/Liter [+]
Households Debt To GDP 14.80 15.60 19.60 0.10 percent of GDP [+]
Economic Optimism Index 83.40 77.50 114.90 60.80 Index points [+]


Turkey Consumer Confidence

In Turkey, Consumer Tendency Survey aims to measure present situation assessments and future period expectations of consumers' on personal financial standing and general economic course and to determine consumers' expenditure and saving tendencies for near future. The survey covers a randomly selected sample of all individuals at the age of 15 and above having a job in urban and rural areas. The index is evaluated between 0 and 200. The reading above 100 means consumers are optimistic and below 100 are pessimistic. This page provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.60 55.30 98.68 55.30 2004 - 2019 Index Points Monthly




Country Last Previous
Argentina 40.60 Jun/19
Australia 96.50 Jul/19
Brazil 47.00 Jun/19
Canada 54.51 Jul/19
China 123.40 May/19
Euro Area -7.20 Jun/19
France 101.00 Jun/19
Germany 9.80 Jul/19
India 97.00 Sep/19
Indonesia 126.40 Jun/19
Italy 109.60 Jun/19
Japan 38.70 Jun/19
Mexico 107.52 Jun/19
Netherlands 2.00 Jul/19
Russia -15.00 Jun/19
Saudi Arabia 112.00 Mar/19
South Africa 5.00 Jun/19
South Korea 97.50 Jun/19
Spain 102.30 Jun/19
Switzerland -6.00 Jun/19
Turkey 57.60 Jun/19
United Kingdom -13.00 Jun/19
United States 98.40 Jul/19


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