Leading Economic Index Turkey increased 3.63 percent in December of 2019 over the same month in the previous year. Turkey Leading Economic Index - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Leading Economic Index in Turkey averaged 4.84 percent from 1988 until 2019, reaching an all time high of 12.75 percent in May of 1995 and a record low of -7.01 percent in April of 2001. This page provides the latest reported value for - Turkey Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Central Bank of the Republic of Turkey

Leading Economic Index in Turkey is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Turkey to stand at 2.00 in 12 months time. In the long-term, the Turkey Leading Economic Index is projected to trend around 2.70 percent in 2021, according to our econometric models.

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Turkey Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
3.63 5.12 12.75 -7.01 1988 - 2019 percent Monthly

Turkey Leading Economic Index
In Turkey, the Composite Leading Indicator – MBONCU-SUE - predicts fluctuations in economic activity. It was constructed by the Central Bank with OECD cooperation, and includes the following series: amount of electricity produced, treasury auction interest rate weighted by the amount sold, imports of intermediate goods, CBRT Business Tendency Survey related to (1) stocks of finished goods, (2) amount of new orders received from domestic market, (3) export possibilities and (4) employment. The index has a base value of 100 as of 1995.