{"id":661883,"date":"2026-08-29T08:40:33","date_gmt":"2026-08-29T08:40:33","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/661883\/"},"modified":"2026-08-29T08:40:33","modified_gmt":"2026-08-29T08:40:33","slug":"turkiyes-economic-confidence-rises-above-key-threshold-in-august","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/661883\/","title":{"rendered":"T\u00fcrkiye’s economic confidence rises above key threshold in August"},"content":{"rendered":"

T\u00fcrkiye’s economic confidence index rose above the 100-point threshold in August, official data showed Friday.<\/p>\n

The index increased 0.8% from the previous month to 100.6, up from 99.8 in July, according to the Turkish Statistical Institute (TurkStat).<\/p>\n

A reading above 100 indicates optimism regarding the overall economic outlook, while a figure below the threshold signals pessimism.<\/p>\n

The improvement was driven by higher confidence among consumers and manufacturers.<\/p>\n

The consumer confidence index rose 1% month-over-month to 90.8, while the real sector confidence index for the manufacturing industry climbed 1.2% to 102.4.<\/p>\n

Confidence weakened modestly across the services, retail trade and construction sectors.<\/p>\n

The services confidence index edged down 0.1% to 111.9, while retail trade confidence fell 0.8% to 110.1.<\/p>\n

The construction confidence index declined 0.4% to 83.1, remaining the weakest among the sectoral indicators.<\/p>\n

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