Consumer confidence index down in August

Consumer confidence index stands at 68.3 this month, compared to 73.1 in July, according to official data

Consumer confidence index down in August

World Bulletin / News Desk

Turkish consumers' confidence in the country's economy dropped in August, down 6.5 percent, month-on-month, Turkey's statistical authority said on Friday.

The consumer confidence index stands at 68.3 this month, versus 73.1 in July.

The index value is calculated through a collaboration between TurkStat and the Central Bank by measuring consumers' tendencies.

Last month, the consumer confidence index rose 4 percent from 70.3 in June. Since the beginning of this year, the index value has hovered between 73.1 and 68.3 -- the highest in July and the lowest this month.

Last Mod: 17 Ağustos 2018, 10:44
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