Türkiye’s sectoral confidence indices improve in December
- Economy
- Anadolu Agency
- Published Date: 01:08 | 25 December 2024
- Modified Date: 01:11 | 25 December 2024
Confidence across Türkiye's key economic sectors moved up in December, the Turkish Statistical Institute (TurkStat) announced on Wednesday, signaling a positive outlook as the year concludes.
According to seasonally adjusted data, the confidence index in retail trade rose 1.2% to reach 113, while the services sector climbed 2.4% to 113.6.
Meanwhile, the construction sector posted a 1.9% rise from the previous month, reaching 89.4.
The survey-based index is calculated on a scale of 0 to 200, with values above 100 reflecting optimism and those below signaling a cautious or pessimistic outlook.
The latest figures highlight sustained optimism in retail trade and services, with the construction sector still trailing below the neutral threshold.
- Electric vehicles estimated to make up 30% of Turkish auto market in 2025
- Russia starts using Bitcoin for international payments
- Azerbaijan Airlines suspends flights to Russia's Chechnya pending crash investigation
- Türkiye set to become regional tech hub
- UAE’s vision projects offer Turkish investors opportunities