The manufacturing confidence index in Turkey increased to 102.5 in June of 2019 from 98.9 in the previous month. The fixed investment expenditure sub-index rose to 102.2 in June from 95.7 in May; and the gauge measuring general business situation surged to 90.2 from 78.3. Still, expectations over the next three months regarding output (111 from 115 in May), export orders (116.1 from 118.2) and employment (105.1 from 107.4) deteriorated. Business Confidence in Turkey averaged 99.28 Index Points from 1987 until 2019, reaching an all time high of 123.30 Index Points in December of 1987 and a record low of 52.60 Index Points in December of 2008.

Business Confidence in Turkey is expected to be 98.40 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Turkey to stand at 99.00 in 12 months time. In the long-term, the Turkey Business Confidence is projected to trend around 104.00 Index Points in 2020, according to our econometric models.

Turkey Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-25 07:00 AM Business Confidence 102.1 97.2 96
2019-04-24 07:00 AM Business Confidence 105.5 102.1 101.4
2019-05-23 07:00 AM Business Confidence 98.9 105.5 104
2019-06-24 07:00 AM Business Confidence 102.5 98.9 98.4
2019-07-25 07:00 AM Business Confidence 102.5 98
2019-08-26 07:00 AM Business Confidence 97
2019-09-24 07:00 AM Business Confidence 94


Turkey Business Last Previous Highest Lowest Unit
Business Confidence 102.50 98.90 123.30 52.60 Index Points [+]
Manufacturing PMI 45.30 46.80 55.70 42.70 [+]
Industrial Production -4.00 -2.00 27.30 -21.20 percent [+]
Industrial Production Mom -1.00 2.20 16.70 -13.40 percent [+]
Manufacturing Production -4.20 -2.40 31.00 -24.50 percent [+]
Capacity Utilization 77.10 76.30 82.00 58.70 percent [+]
Changes in Inventories -27915235.80 -40444799.00 27201230.50 -40444799.00 TRY THO [+]
Bankruptcies 946.00 776.00 3113.00 11.00 Companies [+]
Total Vehicle Sales 33016.00 30971.00 156173.00 1764.00 [+]
Car Production 136517.00 127913.00 163459.00 1421.00 Units [+]
Car Registrations 54322.00 58708.00 157531.00 5921.00 [+]
Leading Economic Index 1.73 1.40 12.75 -7.01 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Steel Production 3044.07 2985.82 3368.15 152.00 Thousand Tonnes [+]
Mining Production -9.30 2.40 39.90 -27.70 percent [+]
Competitiveness Index 61.60 61.42 61.60 4.13 Points [+]
Competitiveness Rank 61.00 58.00 63.00 43.00 [+]
Ease of Doing Business 43.00 60.00 73.00 43.00 [+]
Electricity Production 23592.00 24637.00 29183.00 14829.00 Gigawatt-hour [+]
Corruption Index 41.00 40.00 50.00 31.00 Points [+]
Corruption Rank 78.00 81.00 81.00 29.00 [+]


Turkey Business Confidence

In Turkey, the Business Tendency Survey (BTS) compiles the assessments of the senior managers on the recent past, current situation and their expectations regarding the future course of business environment in the manufacturing industry. A score above 100 indicates an optimistic outlook to the economic activities while below 100 points to a pessimistic outlook. . This page provides the latest reported value for - Turkey Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
102.50 98.90 123.30 52.60 1987 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 75.00 Jun/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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