The consumer confidence in Turkey declined to 57.3 in February 2020 from 58.8 in the previous month. This was the weakest consumer confidence since October last yeat, as there was a deterioration in expectations over the next 12 months regarding households' financial situation (76.8 vs 79.5 in January), general economic situation (75.9 vs 77.4) and unemployment (53.8 vs 56.8). In contrast, the probability of saving improved (22.5 vs 21.6). Turkey Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Consumer Confidence in Turkey averaged 73.72 points from 2004 until 2020, reaching an all time high of 98.68 points in February of 2004 and a record low of 55.30 points in May of 2019. 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. source: Turkish Statistical Institute
Consumer Confidence in Turkey is expected to be 59.00 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 68.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 75.00 points in 2021, according to our econometric models.