Turkish economic confidence declines 1.3 percent in September: Report

The Turkish Statistical Institute attributed the fall to a decline in consumer and real sector confidence indices. (File photo: AFP)

Turkey’s economic confidence index declined 1.3 percent in September to 86 points, data from the Turkish Statistical Institute (TUIK) showed on Friday.

TUIK said the fall was due to a decline in consumer and real sector confidence indices.

The index points to an optimistic economic outlook when above 100 and a pessimistic one when below 100. In August, the index stood at 87.1 points.

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Last Update: Wednesday, 20 May 2020 KSA 09:56 - GMT 06:56
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