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28 May
10:30

Turkey's economic confidence rebounds

Turkey's economic confidence index, which was 51.3 in April, increased by 20.4% in May to 61.7, according to the Turkish Statistical Institute (TUIK). Confidence increased in all sectors: consumer, real sector (manufacturing industry), services, retail trade and construction. The consumer confidence index increased 8.5% to 59.5, the manufacturing sector rose 18% to 73.5, services increased 10.8% to 51.1, and retail trade increased 5% to 70 in May. An economic…
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