The manufacturing confidence index in Turkey fell for the fifth straight month to reach 99.9 in September of 2022, the lowest since June of 2020, from 102.1 in August. The latest reading reflected a deterioration in expectations over the next three months regarding output (112.2 vs 116.7), total employment (108.5 vs 112.5); and export orders (110.1 vs 111.7). Meanwhile, the general business situation index went up to 84.5 from 79.7 in August, and the gauge for fixed investment expenditure increased to 119.7 from 1119.1. source: Central Bank of the Republic of Turkey
Business Confidence in Turkey averaged 99.75 points from 1987 until 2022, reaching an all time high of 123.30 points in December of 1987 and a record low of 52.60 points in December of 2008. This page provides the latest reported value for - Turkey Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Business Confidence in Turkey is expected to be 101.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Business Confidence is projected to trend around 106.00 points in 2023, according to our econometric models.