Turkey's consumer confidence indicator declined 2.9 points from the previous month to 77.3 in May 2021, the lowest since May 2019, amid a deterioration in expectations over the next 12 months regarding households' financial situation (76.6 vs 81.0 in April), general economic situation (78.8 vs 82.9), and major purchases climate (92.2 vs 92.8). The current assessment of households' financial situation was also weaker (61.5 vs 64.0). source: Turkish Statistical Institute
Consumer Confidence in Turkey averaged 90.16 points from 2004 until 2021, reaching an all time high of 106.10 points in January of 2004 and a record low of 73.90 points in November of 2008. This page provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Consumer Confidence in Turkey is expected to be 78.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Turkey to stand at 83.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 88.00 points in 2022 and 85.00 points in 2023, according to our econometric models.