The consumer confidence index in Turkey fell to 55.3 in May 2019 from 63.5 in the previous month. It was the lowest reading on record, amid a deterioration in expectations regarding households’ financial situation (73.9 from 82.2 in April); general economic situation (70.1 from 82.4); unemployment (56.3 from 63.5); and probability of saving (20.8 from 26). Consumer Confidence in Turkey averaged 74.50 Index Points from 2004 until 2019, reaching an all time high of 98.68 Index Points in February of 2004 and a record low of 55.30 Index Points in May of 2019.

Consumer Confidence in Turkey is expected to be 59.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Turkey to stand at 69.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 82.50 Index Points in 2020, according to our econometric models.

Turkey Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-20 07:00 AM Consumer Confidence 57.8 58.2 57.5
2019-03-21 07:00 AM Consumer Confidence 59.4 57.8 55
2019-04-22 07:00 AM Consumer Confidence 63.5 59.4 58.8
2019-05-21 07:00 AM Consumer Confidence 55.3 63.5 62
2019-06-20 07:00 AM Consumer Confidence 55.3 59
2019-07-23 07:00 AM Consumer Confidence
2019-08-22 07:00 AM Consumer Confidence


Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 55.30 63.50 98.68 55.30 Index Points [+]
Retail Sales MoM 1.00 0.80 5.00 -7.30 percent [+]
Retail Sales YoY -3.80 -4.90 24.70 -8.80 percent [+]
Consumer Spending 257299893.30 269714419.80 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 1978581988.00 1907527803.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 521473235.00 519121689.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.20 1.27 2.68 0.56 USD/Liter [+]
Households Debt To GDP 15.60 16.40 19.60 0.10 percent of GDP [+]
Economic Optimism Index 84.70 81.90 114.90 60.80 Index points [+]


Turkey Consumer Confidence

In Turkey, Consumer Tendency Survey aims to measure present situation assessments and future period expectations of consumers' on personal financial standing and general economic course and to determine consumers' expenditure and saving tendencies for near future. The survey covers a randomly selected sample of all individuals at the age of 15 and above having a job in urban and rural areas. The index is evaluated between 0 and 200. The reading above 100 means consumers are optimistic and below 100 are pessimistic. This page provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.30 63.50 98.68 55.30 2004 - 2019 Index Points Monthly




Country Last Previous
Argentina 36.50 May/19
Australia 101.30 May/19
Brazil 48.40 Mar/19
Canada 53.71 May/19
China 124.10 Mar/19
Euro Area -6.50 May/19
France 96.00 Apr/19
Germany 10.40 May/19
India 105.00 Jun/19
Indonesia 128.10 Apr/19
Italy 110.50 Apr/19
Japan 40.40 Apr/19
Mexico 113.70 Apr/19
Netherlands -3.00 May/19
Russia -16.00 Mar/19
Saudi Arabia 109.00 Dec/18
South Africa 2.00 Mar/19
South Korea 102.00 Apr/19
Spain 97.00 Apr/19
Switzerland -6.00 Jun/19
Turkey 55.30 May/19
United Kingdom -13.00 Apr/19
United States 102.40 May/19


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