TÜİK Announces February Confidence Indices: Increase in Retail Trade, Decrease in Construction

According to Turkish Statistical Institute (TÜİK) data, the retail trade confidence index rose by 2.9% in February, while the services sector remained stable and construction saw a decline.

TÜİK Announces February Confidence Indices: Increase in Retail Trade, Decrease in Construction

According to seasonally adjusted data, the retail trade sector confidence index increased by 2.9% in February compared to the previous month, rising to a value of 115.9.
Service Sector Remains Stable During the same period, the service sector confidence index remained unchanged from its January level, staying at 113.8.
While the business situation and demand for services maintained their balance, the optimism in the retail sector was particularly notable.
These sectoral shifts continue to provide up-to-date signals regarding market expectations and overall economic activity.

Sources

  • DHA | Demirören Haber Ajansı · baglanti
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