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Turkey’s sectoral confidence indices announced for January

by ChemOrbis Editorial Team -
  • 25/01/2021 (11:35)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s seasonally adjusted confidence index for retail trade and construction decreased from December, while it increased in services sectors in January.

The seasonally adjusted confidence index for services increased by 2.9% to 101.9 in January. Demand-turnover index over past three months was up by 1.4% from December to 98, while demand-turnover expectation over next three months sub-index was 2.1% higher at 104.6 in January.

The seasonally adjusted retail trade confidence index was realized at 108.5, slightly down by 0.1% in January. The business activity-sales over past three months sub-index decreased by 3.7% to 118.8, while the current volume of stock index was down by 1.4% to 90.1 this month.

Similarly, the construction confidence index fell by 5.2% to 84.2 in January. The total employment expectation index was down by 7.4% when compared to the previous month to 92.6, while the current overall order books index was 2.5% lower at 75.7 this month.
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