Turkey’s sectoral confidence indices announced for October
The confidence index for the service sector decreased 1.8% to a seasonally adjusted reading of 94.49 in October following a reading of 96.23 in September because of a decreased number of managers expecting stronger demand-turnover data over the next three months.
The retail trade confidence index fell by 1.8% to a seasonally adjusted reading of 96.22 in October because of a decreased number of managers anticipating an improvement in business activity-sales over the next three months.
The construction sector confidence index dropped 0.8% to a reading of 81.32 in October following a reading of 81.99 in September due to a decreased 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...
- Muted demand in Europe paves way for plenty of PP, PE offers in Turkey
- Import PE uptrend persists in China despite bearish winds mounting in local market
- 3-digit hikes in Oct PVC offers reinforce supply-driven bullishness in Asia
- Crude oil caught between demand woes and production disruption
- Tightness drives European PVC market up, prices near pre-pandemic levels
- Major LDPE markets touch multi-year highs on growing tightness
- A prospect for Q4 through uncharted waters of 2020 amid pandemic
- China's import PP markets maintain uptrend under shadow of oil-driven losses in Dalian futures
- Weaker domestic demand prompts Vietnam to export polymers
- European PP market ceases upward trend in September