The consumer confidence index in Turkey fell to 80.2 in April of 2021 from March's 31-month high of 86.7. It was the lowest reading since December, after Turkish officials introduced strict measures to curb a record spike in COVID-19 infections. There was a deterioration in expectations regarding the general economic situation (82.9 vs 94.1 in March) and financial situation of households in the next 12 months (81 vs 87.9). Additionally, the propensity to buy durable goods over the next 12 months decreased (92.8 vs 97.4). source: Turkish Statistical Institute
Consumer Confidence in Turkey averaged 90.22 points from 2004 until 2021, 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 May of 2021.
Consumer Confidence in Turkey is expected to be 73.60 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 83.00 in 12 months time. In the long-term, the Turkey Consumer Confidence is projected to trend around 88.00 points in 2022 and 85.00 points in 2023, according to our econometric models.