Turkey’s retail trade and services sectoral confidence grew in September while construction deteriorated month-on-month, official data showed Friday.
The confidence index for retail trade jumped 4.8% on a monthly basis to 115.6 in September, as indices of current stock volumes and business activity-sales expectation of the next three months improved significantly, according to the Turkish Statistical Institute (TurkStat).
The services confidence index reached 117.8 this month, a rise of 1.5% from August thanks to increases in business sentiment and demand-turnover, the TurkStat said.
Calculated from the monthly survey, results are evaluated within a range of 0-200. Sectoral confidence indices signal an optimistic outlook when the value is above 100, and a pessimistic outlook when it is below 100.
The construction confidence index fell 0.7% to 91.8 in September, driven by drops in the sub-index of total employment expectations of the next three months.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.