Turkey Economic Optimism IndexTurkey Economic Optimism IndexTurkey Economic Optimism Index

Turkey Economic Optimism Index

No trades
See on Supercharts

Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
113.90POINT on Jan 31, 2011
Lowest
53.30POINT on Apr 30, 2020

About Turkey Economic Optimism Index


Category
Consumer
Frequency
Monthly
Units
POINT
In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100.