Turkish consumer confidence keeps on improving in Nov.

News Service
11:3421/11/2019, Perşembe
U: 21/11/2019, Perşembe
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File photo

Consumer confidence index reaches 59.9 this month, recovering from 57 last month

Turkish consumers' confidence in the economy increased for a second month in a row in November, according to the nation's statistical authority on Thursday.

The index hit 59.9 this month, a 5.2% gain from October following a 2.1% rise last month, the Turkish Statistical Institute (TurkStat) said.

The figure was 57 last month, up from 55.8 previous month.

The index value is jointly calculated by TurkStat and the Central Bank of Turkey through measurement of consumer tendencies.

#Consumer confidence
#economy
#Turkish Statistical Institute
#TurkStat