Türkiye's Consumer Confidence Increases in December
TEHRAN (ANA)- The consumer confidence index rose 1.9% month-on-month to 81.3 points in December, reversing the 1% decline from November, the Turkish Statistical Institute (TurkStat) said.
Turkish consumer confidence improved to an 18-month high in December, according to data.
The sub-index measuring household financial situation expectations for the next 12 months rose 4%, while expectations for the general economic situation over the same period climbed 1.6%.
The index tracking spending on durable goods over the next 12 months surged 4.1% during the same period.
In contrast, the index for households' current financial situation dropped 3.5% from November.
The consumer confidence index is a gauge of the economy's overall performance, reflecting public sentiment on financial standing, the general economic situation, and spending and saving tendencies.
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