The manufacturing confidence index in Turkey rose for the first time in three months to reach 101.7 in January 2023, the highest since August 2022, from December's 30-month low of 97.8. The latest reading reflected an improvement in expectations over the next three months regarding output (111.4 vs 102.7 in December) and export order books (111.9 vs 100). At the same time, the gauge for both fixed investment expenditure (116.5 from 115.5) and general business situation sentiment (91.2 vs 87.6) strengthened. Conversely, expectations of total employment deteriorated (106.0 vs 106.4). source: Central Bank of the Republic of Turkey
Business Confidence in Turkey averaged 99.75 points from 1987 until 2023, 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 February of 2023.
Business Confidence in Turkey is expected to be 109.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.