Real Sector Confidence Index Rises to 104.1 in February

Confidence Increase in Manufacturing Industry The Central Bank of the Republic of Türkiye (CBRT) has released the results of the Business Tendency Survey for February.
According to the data, the seasonally adjusted Real Sector Confidence Index (RKGE-MA) recorded an increase of 1.1 points compared to the previous month, rising to 104.1.
During the same period, the unadjusted Real Sector Confidence Index saw a 2.5-point increase, also reaching the 104.1 level.
Factors Supporting the Index When examining the sub-components of the index, the primary factors driving the upward trend were identified as follows: Total order quantity over the last three months Production volume expectations for the next three months Current total orders and export orders Fixed capital investment expenditures Current finished goods stock Employment and General Outlook Expectations Despite the overall improvement in the confidence index, limited weakening was observed in some sub-components.
Employment expectations for the next three months and views on the general business outlook emerged as the main factors limiting the index's growth.
The Business Tendency Survey results revealed that optimism in the manufacturing industry is following a course particularly focused on orders and production.