Consumer confidence in the economy declines, TÜİK reports

The economic confidence index fell by 2.5% month-on-month in June, dropping to 95.8. The Turkish Statistical Institute (TÜİK) released the economic confidence index data for June.

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According to the data, the index, which stood at 98.2 in May, decreased by 2.5% to 95.8 in June.

During the same period, the consumer confidence index declined by 2.7%, falling to 78.3.

The real sector (manufacturing industry) confidence index decreased by 1.9%, settling at 100.5.

The services sector confidence index dropped by 1.5% to 115.4, the retail trade sector confidence index fell by 2.6% to 108.8, and the construction sector confidence index decreased by 0.5% to 87.9.