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30 Apr
11:14

Turkey’s economic confidence index crashes in April

Turkey's economic confidence index decreased by -44.1% month-on-month in April to 51.3. Confidence declined in all sectors, consumer, real sector (manufacturing industry), services, retail trade and construction, according to the Turkish Statistical Institute (TUIK). Turkey’s construction confidence index also collapsed in April due to the coronavirus outbreak in the country. It had been at 77.2 the previous month and showing improvement since the beginn…
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