Turkey’s sectoral confidence indices announced for June
The confidence index for the service sector increased 1.3% to a seasonally adjusted reading of 95.75 in June following a reading of 94.50 in May because of an increased number of managers expecting stronger demand-turnover data over the next three months.
However, the retail trade confidence index fell 4% to a seasonally adjusted reading of 99.65 in June because of a decreased number of managers anticipating an improvement in business activity-sales over the next three months.
The construction sector confidence index rose 2.2% to a reading of 80.94 in June following a reading of 79.18 in May due to an increased number of managers expecting an increase in total employment over the next three months.
Any reading above 100 indicates an optimistic outlook while readings below 100 indicate a pessimistic outlook.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Africa polymers: October offers higher amid reduced availability
- Stable to softer PE trend prevails in Europe amid soft demand, poor netbacks
- Turkey’s PP and PE markets move up, but riddled with uncertainties
- India, SEA PVC markets unlikely to take respite from bullish run for November
- Southeast Asia PET markets move sideways during China’s absence
- Egypt’s import PE market up on tight supply, domestic offers follow suit
- Will European PS, ABS track divergent paths for another month?
- Turkey PP and PE regain premium over China, LDPE fails to make a sprint
- Strong netbacks and demand trigger exodus of PVC from China to export markets
- China PE market continues to see downward corrections amid impending holiday