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29 Jan
09:57

Turkish economic confidence creeps towards optimistic outlook

Turkey’s economic confidence index rose to 97.1 in January from 96.5 in December 2019. Increased construction confidence contributed to this, as did growth in the consumer, services, and retail trade confidence indices. The construction confidence index increased by 14.6% from December to 78.9 in January (see Kallanish passim). On the other hand, real sector (manufacturing industry) confidence index decreased by -2.1% to 106.4, according to the Turkish Stati…
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