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13 Jun
15:24

Turkish economic confidence falls to 15-month low

Turkey’s economic confidence index declined -4.9% on-month to 93.5 points in May, its lowest since February 2017, according to the Turkish Statistical Institute (TUIK). The slump was the result of a decline in all of the sectoral indices last month. Turkey’s consumer confidence index fell -2.8% to 69.9 and the real (manufacturing) sector confidence index dropped -0.1% to 106.7. The services confidence index was down -5.3% to 92.0, the retai…
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