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29 May
09:29

Turkey’s economic confidence continues rebound in May

Turkey’s economic confidence continued its rebound in May. It rose 1.4% on-month to 103.7, according to the Turkish Statistical Institute (TUIK). Turkey’s construction confidence index, meanwhile, rose from 88.4 in April to 92.2 in May (see Kallanish passim). An index above 100 indicates an optimistic outlook, whereas below 100 indicates a pessimistic outlook. Turkey’s consumer confidence index rose 4% on-month to 91.1 in May, with the ris…
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