Turkiye’s economic confidence index rises 1.8% in June 2026

Turkiye’s economic confidence strengthened in June 2026, with the economic confidence index rising 1.8 per cent month on month to 98.9 from 97.2 in May, according to the Turkish Statistical Institute (TurkStat).The consumer confidence index increased 2.5 per cent to 87.9 during the month. The real sector (manufacturing industry) confidence index rose 1.0 per cent to 102.0, while the services confidence index advanced 1.4 per cent to 110.5, TurkStat said in a press release.

Turkiye’s economic confidence index rose 1.8 per cent month on month to 98.9 in June 2026 from 97.2 in May, reflecting broad-based gains across consumer, manufacturing, services and retail trade.
The index remained below the 100-point mark, indicating that overall confidence in the economy continued to reflect a cautious rather than optimistic outlook.

Retail trade confidence edged up 0.3 per cent to 112.8, and construction confidence improved 1.1 per cent to 83.0 compared with the previous month. The confidence indices are seasonally adjusted, except for the consumer confidence index.

An economic confidence index above 100 reflects optimism about the general economic situation, while a reading below 100 indicates a pessimistic outlook.

Fibre2Fashion News Desk (JP)