Turkey's consumer confidence indicator declined 1.8 points from the previous month to 80.1 in November 2020, the lowest since August, due to a deterioration in expectations over the next 12 months regarding the general economic situation (78.7 vs 81.4 in October); the consumers' financial situation (79.0 vs 79.5); and major purchases climate (96.2 vs 97.4). In addition, the gauge for the current household's financial situation fell to 66.6 from 69.4. source: Turkish Statistical Institute
Consumer Confidence in Turkey averaged 90.40 points from 2004 until 2020, reaching an all time high of 106.10 points in January of 2004 and a record low of 73.90 points in November of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Consumer Confidence in Turkey is expected to be 68.00 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 69.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 75.00 points in 2021 and 80.00 points in 2022, according to our econometric models.