Seasonally adjusted sectoral confidence indices, December 2021
Seasonally adjusted sectoral confidence indices, sub-indices and the rate of changes, December 2021
Services confidence index realized as 118.8
Seasonally adjusted confidence index which was 119.4 for services in November decreased by 0.5% in December to 118.8. In services sector compared to the previous month, business situation over past three months sub-index decreased by 1.6% to 121.2. Demand-turnover over past three months sub-index decreased by 0.2% to 117.1 and demand-turnover expectation over next three months sub-index increased by 0.3% to 118.1.
Seasonally adjusted services confidence and tendency indices, December 2021
Retail trade confidence index realized as 121.5
Seasonally adjusted retail trade confidence index decreased by 0.4% in December to 121.5. In retail trade sector compared to the previous month, business activity-sales over past three months sub-index increased by 2.4% to 133.6. Current volume of stock sub-index decreased by 2.9% to 96.9 and business activity-sales expectation over next three months sub-index decreased by 1.3% to 133.8.
Seasonally adjusted retail trade confidence and tendency indices, December 2021
Construction confidence index realized as 90.0
Seasonally adjusted construction confidence index which was 93.6 in November decreased by 3.9% in December to 90.0. In construction sector compared to the previous month, current overall order books sub-index became 79.2 by decreasing 3.2%. Total employment expectation over next three months sub-index decreased by 4.4% to 100.9.
Seasonally adjusted construction confidence and tendency indices, December 2021
In construction sector, 48.0% of the enterprises indicated at least one factor limiting their activities while 52.0% of the enterprises indicated none in December. Among the main factors limiting activities in construction sector; “financial constraints” which was 28.6% in November realized as 33.8% in December, “insufficient demand” which was 19.6% in November realized as 17.3% in December and “other factors” which was 13.3% in November realized as 18.9% in December.
The next release on this subject will be on January 25, 2022.
________________________________________________________________
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.
