Economy

Consumer confidence improves in Türkiye in Sept.

Consumer confidence index up by 2.4% month-on-month in September

Gökhan Ergöçün  | 20.09.2024 - Update : 20.09.2024
Consumer confidence improves in Türkiye in Sept.

ISTANBUL

Türkiye's consumer confidence index was up by 2.4% to 78.2 in September versus August, the Turkish Statistical Institute (TurkStat) revealed on Friday.

Among sub-indexes, general economic situation expectation over the next 12 months posted highest increase with 4.2%.

Financial situation of household at present index rose by 2.8%, and assessment on spending money on durable goods over the next 12 months increased by 2%.

Financial situation expectation of households over the next 12 months index rose by 1%.

The consumer confidence index can take value between 0 and 200, it indicates an optimistic outlook if above 100, but pessimistic when below 100.

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