The economic confidence index in Turkey increased to 93.8 in December 2019 from 91.3 in the previous month. This was the strongest reading since July last year, as sentiment improved among manufacturers (108.7 from 105.9 in November), service providers (93.2 from 91.3), retailers (102.6 from 101.2), and constructors (68.9 from 63.9). Meantime, morale weakened among consumers (58.8 from 59.9).
Economic Optimism Index in Turkey averaged 98.80 points from 2007 until 2019, reaching an all time high of 114.90 points in January of 2011 and a record low of 60.80 points in November of 2008. 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. source: Turkish Statistical Institute
Economic Optimism Index in Turkey is expected to be 92.50 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 94.00 in 12 months time. In the long-term, the Turkey Economic Confidence Index is projected to trend around 101.00 points in 2020, according to our econometric models.