Consumer Confidence Index, May 2019

Consumer confidence index realized as 55.3Seasonally adjusted consumer confidence index calculated from the results of the consumer tendency survey carried out in cooperation with the Turkish Statistical Institute and Central Bank of the Republic of Turkey decreased by 13% compared to the previous month. The index became 55.3 in May while it was 63.5 in April.

  Consumer confidence index, May 2019

Financial situation expectation index realized as 73.9

The financial situation expectation of household index in the next 12 months period which was 82.2 in April decreased by 10,1% and became 73.9 in May.

General economic situation expectation index became 70.1

The general economic situation expectation index (next 12 months period) which was 82.4 in April decreased by 14.9 % and became 70.1 in May.

Number of people unemployed expectation index became 56.3

The number of people unemployed expectation index (next 12 months period) which was 63.5 in April decreased by 11.3% and became 56.3 in May.

Probability of saving index realized as 20.8

The probability of saving index (next 12 months period) which was 26 in April decreased by 20.3% and became 20.8 in May.

Seasonally adjusted consumer confidence index, sub-indices and
rate of changes, May 2019

The next release on this subject will be on June 20, 2019.
                                                                                                                                                           

EXPLANATIONS                         
In monthly consumer tendency survey, consumers’ assessments and expectations on financial standing and general economic situation, also their expenditure and saving tendencies are measured.

The consumer confidence index calculated from the survey results is evaluated within the range of 0-200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.