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28 May
11:20

Turkey’s economic confidence index falls in May

Turkey’s economic confidence index, which was 93.9 in April, decreased by 1.3% in May to 92.6, according to the Turkish Statistical Institute (TUIK). The decrease stemmed from the drops in consumer, real sector (manufacturing industry), services and retail trade confidence indices. Turkey’s construction confidence index, however, increased by 3% in May to 79.6 (see Kallanish passim). Turkey’s consumer confidence index, meanwhile, decreased by 3…
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