Sectoral Confidence Indices, June 2019
Services confidence index realized as 85.4Seasonally adjusted confidence index which was 79.4 for services in May increased by 7.5% in June to 85.4. In services sector; business situation, demand-turnover and demand-turnover expectation indices increased by 8.6%, 8% and 6.2% respectively compared to the previous month to 81.6, 79.1 and 95.6.
Retail trade confidence index realized as 93.2
Seasonally adjusted retail trade confidence index increased by 3.7% in June to 93.2. In retail trade sector; business activity-sales and business activity-sales expectation indices increased by 12% and 4.2% respectively compared to the previous month to 82.1 and 91.3. However current volume of stock index decreased by 2.4% to 106.3.
Seasonally adjusted sectoral confidence indices, June 2019
Construction confidence index realized as 50.4
Seasonally adjusted construction confidence index which was 49.8 in previous month increased by 1.3% in June to 50.4. In construction sector; total employment expectation index increased by 3.9% compared to the previous month to 63.6. However current overall order books index decreased by 2.8% to 37.3.
Seasonally adjusted sectoral confidence indices, sub-indices and the rate of
changes, June 2019
The next release on this subject will be on July 25, 2019.
__________________________________________________________________________________
EXPLANATIONS
Sectoral confidence indices can take value between 0 and 200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.
Source: TÜİK
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
