31
Aug
09:23
Turkey’s economic confidence falls sharply, GDP increases
Turkey’s economic confidence continued to fall in August, recording its sharpest monthly decline since the coronavirus epidemic. It declined 5.2% on-month to 94.1, according to the Turkish Statistical Institute (TUIK).
Turkey’s construction confidence index, meanwhile, declined to 87.4 in August from 88.1 in July (see Kallanish passim).
An index above 100 indicates an optimistic outlook, whereas below 100 indicates a pessimistic outlook.
Turkey&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous