Turkey’s consumer confidence index rises in April
The consumer confidence index increased to a reading of 71.3 in April from a reading of 67.8 in March. Any reading above 100 indicates an optimistic outlook, while any reading below 100 indicates a pessimistic outlook.
The index of financial expectations of households for the next 12 months was up by 3.4% in April and became 90.7 while the index of expectations for the number of unemployed persons in the next 12 months was up by 3.7% to a reading of 73.1 in April.
The index of expectations for the general economic situation for the next 12 months increased by 3.3% on the month to post a reading of 96.2 in April from a reading of 93.2 in the previous month. The higher reading indicates that the number of consumers who expect a better general economic situation in the next 12 months has increased compared with the previous month.
Meanwhile, the index of the probability of saving in the next 12 months was up by 26.3% month over month to 25.1 in April from 19.9 in March. This increase means that the number of consumers who believe that they will be able to increase their savings in the next 12 months has increased compared to the previous month.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Turkey’s PE market on brink of new drops for December
- Signs of optimism in China PP and PE markets, but caution remains
- Egypt’s import PP, PE markets flat but domestic prices turn upwards in Nov
- PVC downturn enters 7th month, prices still far from pre-pandemic levels in Europe
- Aggressive US PE offers make a scene across global markets in Q4 after a hiatus of 2 years
- SEA cracker outages and lack of deep-sea cargoes underpin olefin prices in Asia
- US origin hammers import PVC prices into Asia
- China PE markets stay bearish with import prices below new thresholds
- Oil producers boast record Q3 earnings but chemical margins under pressure
- Aggressive imports, long supplies weigh on Europe’s ABS markets