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2025-10-30 16:41:58
[Turkey's Economic Confidence Index Hits Eight-Month High in October] ⑴ Turkey's economic confidence index rose slightly to 98.2 in October from 98.0 in September, reaching its highest level since March. ⑵ Manufacturing optimism strengthened, increasing by 1.2% month-on-month to 102.0; retail trade sentiment rose by 3.7% to 113.2. ⑶ Construction confidence fell sharply by 5.3% to 83.7; the services index dropped slightly by 0.3% to 110.7. ⑷ Consumer confidence fell slightly by 0.3% to 83.6. ⑸ Although the overall index remains below the neutral level of 100, indicating a cautious economic outlook, ⑹ the improvement in manufacturing and retail suggests that the business and industrial sectors remain resilient.
