May 29, 2023
Confidence index decreased in services sector while increased in retail trade and construction sectors
Seasonally adjusted confidence index decreased by 0.6% in services sector while increased by 0.4% in retail trade sector and 4.3% in construction sector in May compared to previous month.
Seasonally adjusted confidence indices, May 2023
Seasonally adjusted confidence indices and the rate of changes, May 2023
The next release on this subject will be on June 21, 2023.
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EXPLANATIONS
Confidence indices can take value between 0 and 200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.
Source: Turkish Statistical Institute (TurkStat)
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