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.

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Turkey Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
80.20 86.70 106.10 73.90 2004 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-21 07:00 AM Jan 83.3 80.1 77
2021-02-18 07:00 AM Feb 84.5 83.3 80.2
2021-03-24 07:00 AM Mar 86.7 84.5 81
2021-04-22 07:00 AM Apr 80.2 86.7 80
2021-05-21 07:00 AM May 80.2
2021-06-22 07:00 AM Jun
2021-07-19 07:00 AM Jul
2021-08-23 07:00 AM Aug


News Stream
Turkish Consumer Morale at 4-Month Low
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).
2021-04-22
Turkish Consumer Morale Improves to 31-Month High
The consumer confidence index in Turkey rose to 86.7 in March of 2021, the highest level since August of 2018, from 84.5 in February. Expectations improved for the general economic situation (94.1 vs 91.7) and financial situation of households in the next 12 months (87.9 vs 84.5). Also, propensity to buy durable goods over the next 12 months strengthened (97.4 vs 95.5).
2021-03-24
Turkey Consumer Confidence Highest since 2018
The consumer confidence index in Turkey rose to 84.5 in February of 2021, the highest level since August of 2018, from 83.3 in January. Expectations improved for the general economic situation (91.7 vs 88.2) and financial situation of households in the next 12 months (84.5 vs 83.8). Propensity to buy durable goods over the next 12 months strengthened (97.3 vs 95.5).
2021-02-18
Turkish Consumer Morale Improves to 21-Month High
The consumer confidence index in Turkey increased to a 21-month high of 83.3 in January of 2021 but well below the long-term average of 90.3. Expectations for the general economic situation for the year ahead improved (88.2 vs 82.9) while a propensity to buy durable goods over the next 12 months strengthened (97.3 vs 92.6). Meantime, consumers became more pessimistic regarding the financial situation of households (63.7 vs 66.1).
2021-01-21

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.