Turkey’s sectoral confidence indices announced for Dec
by ChemOrbis Editorial Team - content@chemorbis.com
The Turkish Statistical Institute (TurkStat) released their confidence indices for Turkey’s services, retail trade and construction sectors for December on their website.
According to the data, the seasonally adjusted confidence index for services increased by 2.2% in December to 81.5. The business situation, demand-turnover and demand-turnover expectation indices in the service sector increased by 4.7%, 1.6%, and 0.7% respectively compared to November to 75.3, 75.6 and 93.7.
The seasonally adjusted retail trade confidence index also rose by 6.3% in December to 96.4. In retail trade sector; business activity-sales, the current volume of stock index and business activity-sales expectation indices increased by 13.1%, 4.6%, and 3.3%, respectively to 76.4, 118.1 and 94.7 when compared to the previous month.
Meanwhile, the construction confidence index decreased by 2.1% to 55.4 in December. In the construction sector; current overall order books index decreased by 13.5% when compared to the previous month to 39.3 while total employment expectation index increased by 5.5% to 71.5.
According to the data, the seasonally adjusted confidence index for services increased by 2.2% in December to 81.5. The business situation, demand-turnover and demand-turnover expectation indices in the service sector increased by 4.7%, 1.6%, and 0.7% respectively compared to November to 75.3, 75.6 and 93.7.
The seasonally adjusted retail trade confidence index also rose by 6.3% in December to 96.4. In retail trade sector; business activity-sales, the current volume of stock index and business activity-sales expectation indices increased by 13.1%, 4.6%, and 3.3%, respectively to 76.4, 118.1 and 94.7 when compared to the previous month.
Meanwhile, the construction confidence index decreased by 2.1% to 55.4 in December. In the construction sector; current overall order books index decreased by 13.5% when compared to the previous month to 39.3 while total employment expectation index increased by 5.5% to 71.5.
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