, slipping back below the 100-point threshold that signals optimism about the economy.){kind=link}
Turkey’s economic confidence index fell to 97.9 in March from 100.7 in February, according to data released by the Turkish Statistical Institute (TurkStat), slipping back below the 100-point threshold that signals optimism about the economy.
The 2.8 percent monthly decline pointed to weaker sentiment across households and key sectors of the economy, with the sharpest drops seen in manufacturing and construction.
Consumer confidence, which reflects households’ views on their financial situation and the broader economy, fell 0.8 percent to 85.0. The real sector confidence index, which measures sentiment in manufacturing, dropped 3.9 percent to 100.0.
Confidence in the services sector, a broad category that includes businesses such as transport, hospitality and other consumer-oriented activities, edged down 0.5 percent to 113.2. Retail trade confidence fell 2.0 percent to 113.6, while construction confidence dropped 3.9 percent to 80.6.
The economic confidence index is a composite measure that combines consumer and business sentiment indicators. It ranges from 0 to 200, with readings above 100 indicating optimism and readings below 100 pointing to a pessimistic outlook.
March’s reading suggested that confidence in Turkey’s economy weakened after briefly rising above the neutral line in February.
All index values were seasonally adjusted, except for the consumer confidence index, which has no seasonal effect.
The next release is scheduled for April 29, 2026.