Turkish consumer's confidence rises 2.7 points in April: Survey

Consumer confidence index measuring Turkish consumers' feelings about the current economic environment, rose 2.7 points in April 2010.

Turkish consumer's confidence rises 2.7 points in April: Survey

Consumer confidence index measuring Turkish consumers' feelings about the current economic environment, rose 2.7 points in April 2010 to 81.4 percent.

The survey, financed jointly by the European Commission and GFK Turkey, revealed that Turkish consumers mentioned Ergenekon case as the most important events in Turkey's agenda last month.

Consumer confidence index rose by 0.5 points points to 78.7 percent in March 2010. 

In April, consumer expectation about the financial situation of the household for the next 12 months fell 0.2 points and was recorded as 99.8. Expectation about the general economic situation in the country rose 5.4 points from 102.2 to 107.6. Expectation about the unemployment rate increased 4.4 points to 70.2. As for the tendency to save, it increased 1.4 points to 48.

The survey was conducted on a monthly basis in 26 Turkish provinces with 1,100 interviews every month. The index has a range from 0 to 200. If the index gets a value greater than 100, this implies that the rate of optimists is more than the rate of pessimists.

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Last Mod: 01 Mayıs 2010, 17:14
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