Turkey's consumer confidence remains unchanged in December

Turkey's consumer confidence remains unchanged in December

Consumer confidence in the Turkish economy in December stood at the same level with the previous month, the country's statistical authority announced on Monday.

The consumer confidence index was 80.1 this month, the Turkish Statistical Institute (TurkStat) said.

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

Among sub-indices, the financial situation of household index at present compared to the last 12 months dropped by 0.7% to 66.1 in December, versus 66.6 in November.

The financial situation expectation of household index in the next 12 months stood at 78.9, down 0.2% month-on-month, Anadolu Agency reported.

The general economic situation expectation index in the next 12 months reached 82.9 in December, increasing 5.2% on a monthly basis.


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