Business · Economy · 1 hr ago
Türkiye’s economic confidence index falls to 97.3 in October
Türkiye’s economic confidence index fell 3.9% in October, according to the Turkish Statistical Institute.
It dropped to 97.3 from 101.3 in September.
A reading below 100 signals a pessimistic view of the general economic outlook.
Consumer confidence fell 7.7% to 84.8, the sharpest decline among the main indicators.
Manufacturing and services confidence also fell, while retail trade confidence rose to 112.5 and construction confidence edged up to 83.3.
The figures show mixed views across sectors, and no further steps or forecasts were specified.
Türkiye’s economic confidence index fell 3.9 percent in October to 97.3 from 101.3 in September.
The Turkish Statistical Institute announced the figures on Oct. 30.
Consumer confidence recorded the sharpest fall among the main indicators, dropping 7.7 percent to 84.8.
Services confidence fell 2.4 percent to 109.2, while real sector confidence declined 1.4 percent to 101.1.
Retail trade confidence rose 1.1 percent to 112.5, and construction confidence increased 0.4 percent to 83.3.
- Who
- The Turkish Statistical Institute (TÜİK) reported the figures.
- What
- Türkiye’s economic confidence index fell 3.9 percent to 97.3.
- When
- October; the figures were announced on Oct. 30, 2026.
- Where
- Türkiye.
- Why
- Not stated
This story does not have two clearly opposing sides.
The economic confidence index stood at 101.3.
TÜİK announced that the index fell to 97.3 in October.
- Overall index
- 97.3 in October, down 3.9 percent
- Previous reading
- 101.3 in September
- Consumer confidence
- 84.8, down 7.7 percent
- Real sector confidence
- 101.1, down 1.4 percent
- Retail trade confidence
- 112.5, up 1.1 percent
- Construction confidence
- 83.3, up 0.4 percent