Turkey’s sectoral confidence indices announced for Nov
by ChemOrbis Editorial Team - content@chemorbis.com
The Turkish Statistical Institute (TurkStat) released its confidence indices for Turkey’s services, retail trade and construction sectors for November on their website. According to the data, the seasonally adjusted confidence index increased by 2.4% in November to reach 96.78 on a monthly basis. This increase was driven by the managers’ evaluations of “business situation” as improved and “demand-turnover” as increased.
In the service sector, the business situation index was up by 1.2%, demand-turnover index increased by 3.5% while demand-turnover expectation index rose by 2.6% month on month.
The seasonally adjusted retail trade confidence index fell by 0.2% in November due to the decrease in the number of managers evaluating the “business activity-sales” as improved over the past three months.
The seasonally adjusted construction confidence index fell by 6.9% in November to 75.75 from 81.32 in October due to the decrease in the number of managers who expect an increase in “total employment” in the following three months.
In the service sector, the business situation index was up by 1.2%, demand-turnover index increased by 3.5% while demand-turnover expectation index rose by 2.6% month on month.
The seasonally adjusted retail trade confidence index fell by 0.2% in November due to the decrease in the number of managers evaluating the “business activity-sales” as improved over the past three months.
The seasonally adjusted construction confidence index fell by 6.9% in November to 75.75 from 81.32 in October due to the decrease in the number of managers who expect an increase in “total employment” in the following three months.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
