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31 Jan
16:38

Turkish economic confidence falls further despite construction rebound

Turkey’s economic confidence index declined to 78.5 in January from 81.9 in December 2018, despite a rebound in construction sector confidence, according to the Turkish Statistical Institute (TUIK). This came as Turkey’s consumer, real estate, services and retail trade confidence indices all declined on-month in January, with the latter two each registering the steepest decline of -4%. An index above 100 indicates an optimistic outlook, while…
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