The economic optimism index in Turkey increased to 88.5 in September of 2020 from 85.9 in August. The index went up for the 5th month after reaching a record low of 51.3 in April due to the coronavirus pandemic. This increase in economic confidence index stemmed from the gains in consumer, manufacturing industry and services confidence indices. Still, it remains below the long term average of 99 and 97.5 in February.
Economic Optimism Index in Turkey averaged 98.97 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. 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. Turkey Economic Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Turkish Statistical Institute
Economic Optimism Index in Turkey is expected to be 84.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Optimism Index in Turkey to stand at 84.00 in 12 months time. In the long-term, the Turkey Economic Confidence Index is projected to trend around 85.00 points in 2021 and 95.00 points in 2022, according to our econometric models.