Consumer Confidence Index, October 2019, in Turkey
Consumer confidence index realized as 57
Seasonally 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 increased by 2.1% compared to the previous month. The index became 57 in October while it was 55.8 in September.
Seasonally adjusted consumer confidence index, October 2019
Financial situation expectation index realized as 74.8
The financial situation expectation of household index in the next 12 months period which was 74 in September increased by 1.1% and became 74.8 in October.
General economic situation expectation index became 73.4
The general economic situation expectation index (next 12 months period) which was 71 in September increased by 3.4% and became 73.4 in October.
Number of people unemployed expectation index became 56.8
The number of people unemployed expectation index (next 12 months period) which was 55.3 in September increased by 2.7% and became 56.8 in October.
Probability of saving index realized as 22.84
The probability of saving index (next 12 months period) which was 22.8 in September increased by 0.2% and became 22.84 in October.
Seasonally adjusted consumer confidence index, sub-indices and rate of changes, October 2019
The next release on this subject will be on November 21, 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.
Source: TÜİK
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