The consumer confidence index in Turkey rose to 84.5 in February of 2021, the highest level since August of 2018, from 83.3 in January. Expectations improved for the general economic situation (91.7 vs 88.2) and financial situation of households in the next 12 months (84.5 vs 83.8). Propensity to buy durable goods over the next 12 months strengthened (97.3 vs 95.5). source: Turkish Statistical Institute

Consumer Confidence in Turkey averaged 90.29 points from 2004 until 2021, reaching an all time high of 106.10 points in January of 2004 and a record low of 73.90 points in November of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Consumer Confidence in Turkey is expected to be 74.60 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 79.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 84.00 points in 2022, according to our econometric models.

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Turkey Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
84.50 83.30 106.10 73.90 2004 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 07:00 AM Nov 80.1 81.9 84
2020-12-21 07:00 AM Dec 80.1 80.1 82
2021-01-21 07:00 AM Jan 83.3 80.1 77
2021-02-18 07:00 AM Feb 84.5 83.3 80.2
2021-03-24 07:00 AM Mar 84.5 74.6
2021-04-22 07:00 AM Apr
2021-05-21 07:00 AM May
2021-06-22 07:00 AM Jun


News Stream
Turkey Consumer Confidence Highest since 2018
The consumer confidence index in Turkey rose to 84.5 in February of 2021, the highest level since August of 2018, from 83.3 in January. Expectations improved for the general economic situation (91.7 vs 88.2) and financial situation of households in the next 12 months (84.5 vs 83.8). Propensity to buy durable goods over the next 12 months strengthened (97.3 vs 95.5).
2021-02-18
Turkish Consumer Morale Improves to 21-Month High
The consumer confidence index in Turkey increased to a 21-month high of 83.3 in January of 2021 but well below the long-term average of 90.3. Expectations for the general economic situation for the year ahead improved (88.2 vs 82.9) while a propensity to buy durable goods over the next 12 months strengthened (97.3 vs 92.6). Meantime, consumers became more pessimistic regarding the financial situation of households (63.7 vs 66.1).
2021-01-21
Turkey Consumer Confidence Steady in December
The consumer confidence index in Turkey was unchanged at 80.1 in December of 2020 and well below the long-term average of 90.4. Expectations for the general economic situation for the year ahead improved (82.9 vs 78.7) while consumers became more pessimistic regarding the financial situation of households (66.1 vs 66.6). Also, a propensity to buy durable goods over the next 12 months fell (92.6 vs 96.2).
2020-12-21
Turkish Consumer Morale Weakens to 3-Month Low
Turkey's consumer confidence indicator declined 1.8 points from the previous month to 80.1 in November 2020, the lowest since August, due to a deterioration in expectations over the next 12 months regarding the general economic situation (78.7 vs 81.4 in October); the consumers' financial situation (79.0 vs 79.5); and major purchases climate (96.2 vs 97.4). In addition, the gauge for the current household's financial situation fell to 66.6 from 69.4.
2020-11-20

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.