The manufacturing confidence index in Turkey edged up to 111 in April of 2021 from 110.8 in the previous month, the highest since April 2018. The employment outlook improved (113.7 vs 112.4 in March) and the gauge for fixed investment expenditure increased (122.8 vs 117.7). Meantime, deteriorations were seen in expectations for output (236.9 vs 130.9) and export orders (116.9 vs 127.6). source: Central Bank of the Republic of Turkey
Business Confidence in Turkey averaged 99.37 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 May of 2021.
Business Confidence in Turkey is expected to be 105.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Turkey to stand at 105.00 in 12 months time. 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.