Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Turkish consumer confidence falls for 4th time in row

by Anadolu Agency

ANKARA Dec 21, 2021 - 12:59 pm GMT+3
People shop at a local bazaar in Istanbul, Turkey, Nov. 26, 2021. (EPA Photo)
People shop at a local bazaar in Istanbul, Turkey, Nov. 26, 2021. (EPA Photo)
by Anadolu Agency Dec 21, 2021 12:59 pm

Turkish consumer confidence fell for the third consecutive month in December, according to the country's statistical authority on Tuesday.

The consumer confidence index decreased to 68.9 this month, down 3.1% from 71.1 in November, TurkStat said in a statement.

The index is a vital gauge of the economy's overall performance, indicating people's sentiments on financial standing and the general economic situation, along with expenditure and saving tendencies.

All subindices deteriorated in the month with the financial situation expectation over the next 12 months weakening the most.

"The financial situation expectation of household index in the next 12-month period, which was 68.9 in November, decreased by 5.3% and became 65.2 in December," TurkStat said.

The financial situation of the household index at present compared with last year slipped 3.6% to 54.1 in the month.

The general economic situation expectation index in the next 12-month period dropped 2.2% month-on-month to 66.7 in December.

"Assessment on spending money on durable goods index over next 12 months compared to the past 12-month period, which was 91.4 in November, decreased by 1.9% and became 89.6 in December," it said.

The consumer confidence index is calculated from survey results and evaluated within a range of 0-200, indicating an optimistic outlook when the index is above 100 and a pessimistic one when it is below.

  • shortlink copied
  • RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    consumer confidence index turkey
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    A Colombian soldier and a dog search for plane crash survivors in Solano, Colombia, May 17, 2023. (AFP Photo)

    4 children rescued from Colombian Amazon weeks after plane crash

    Colombia
    The flag carrier saw an 11.3% annual hike in passengers on international routes, hitting 4.5 million in May. (AA Photo)

    Turkish Airlines sees record number of passengers in May

    TURKISH-AIRLINES

    Saudi Arabia's 'lollipop' oil cut surprised OPEC+ too

    oil-markets

    4 Colombian children lost in Amazon after plane crash found alive

    Colombia
    No Image
    Echoes of 1 million lost to COVID-19 in the US
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021