The manufacturing confidence index in Turkey rose by 1.8 points from the previous month to 114.8 in July 2021, its highest level since April 2012, amid an improvement in expectations over the next three months regarding total employment (116.4 vs 113.6 in June) and export orders (134.2 vs 131.2). Meanwhile, the output outlook deteriorated slightly (132.9 vs 134.1). The gauge for fixed investment expenditure increased to 120.8 from 119.0 in the previous month, while the general business situation index rose to 107.0 from 102.5. source: Central Bank of the Republic of Turkey
Business Confidence in Turkey averaged 99.47 points from 1987 until 2021, 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 July of 2021.
Business Confidence in Turkey is expected to be 108.00 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 110.00 points in 2022 and 106.00 points in 2023, according to our econometric models.