Turkey’s sectoral confidence indices announced for Sept
The confidence index for the service sector declined 2.3% to a seasonally adjusted reading of 99.99 in September because of a decreased number of managers expecting stronger demand-turnover data over the next three months.
The retail trade confidence index also posted a drop of 4.6% on the month to a reading of 99.27 in September because of a decreased number of managers evaluating their current volume of stock as below normal considering the season and anticipations of an increase in the reading of a business activity- sales measurement for the next three months.
Meanwhile, the construction sector confidence index dropped 2.1% to a reading of 80.37 in September due to a decreased number of managers judging their current overall order books as above the seasonal average and expecting a decrease 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...
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
- Uptrend in China’s import PP market continues but cautious mood returns
- Hikes in Asia July PVC offers baffle some buyers, further rally under discussion
- Optimism is rising on resurgent demand in European polymer markets