Economic Confidence Index Rises to 100.7 in February

According to TÜİK data, the Economic Confidence Index climbed from 99.4 in January to 100.7 in February, indicating growing optimism in the Turkish economy.

Economic Confidence Index Rises to 100.7 in February

The Turkish Statistical Institute (TÜİK) released data showing that the Economic Confidence Index increased by 1.4% in February, rising from 99.4 in January to 100.7.
A reading above 100 signals heightened expectations of improvement in the overall economic environment, with consumers and producers anticipating a more favorable outlook in the coming months.
Sectoral Changes Consumer Confidence Index: 85.7 – up 2.3% Manufacturing Confidence Index: 104.1 – up 1.1% Services Confidence Index: 113.8 – unchanged Retail Trade Confidence Index: 115.9 – up 2.9% Construction Confidence Index: 83.9 – down 2.1% The data show rising confidence in consumer and production sectors, but a decline in construction.
Economic actors will closely monitor these indicators to shape future policy and investment decisions.
The February increase is seen as an important step in Turkey's recovery process.

Sources

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