Product Categories

Consumer Confidence Index-December 2015

Consumer Confidence Index-December 2015
The Consumer Confidence Index, published monthly by TURKSTAT, provides information on the tendency of consumers regarding their planned expenditure and savings in the near future.
Consumer Confidence Index decreased by 3.57 points to 73.58 in December. Thus, it showed a downward trend after the increase in the last month.
Information on sub-items is as follows:
Expected number of unemployed persons for the next 12 months (6.25 points),
Expected General Economic Situation (5.99 points),
It is seen that the expectation of the financial situation of the household decreased by 2.47 points.
On the other hand, there was a limited improvement in the probability of saving by 0.42 points.

Short-Term External Debt-October 2015
Short-Term External Debt Stock decreased by 9.2% (~ $ 12.3 billion) as of October 2015 compared to the end of 2014 and realized as approximately USD 120.6 billion.
69.1% of the Short-Term External Debt Stock consists of banks' borrowings. 32.8% of the debts originated from banks are composed of loans.
As of the end of October 2015, 51.3% of the Short-Term External Debt Stock is composed of USD, 29.7% is Euro, 16% is TL and 3.1% is other foreign currencies.
Short Term External Debt Stock
As of the end of October 2015, short-term external debt stock with a maturity of one year or less, irrespective of its original maturity, was $ 171.3 billion.
When the External Debt Stock is taken into consideration on a borrower basis, the private sector has the largest share with 86.6%.

Private Sector Loan Obtained From Abroad - October 2015
As of the end of October 2015, the private sector's long-term borrowing from abroad increased by 12.1% (~ $ 20.3 billion) from the end of 2014 to approximately $ 188 billion. In the same period, Short Term Credit Debt decreased by 42.2% to $ 25.6 billion. Consequently, Total Credit Debt increased by USD 1.6 billion to USD 213.6 billion.
When the distribution of the long-term loan borrowed by the private sector from abroad is analyzed, it is seen that the credit debt of the financial sector (54%) is higher than that of the non-financial sector (46%).
Private Sector Loan Borrowed From Abroad As of the end of October 2015, when analyzed according to the remaining maturity, it will make a total repayment of the principal amount of $ 69.4 billion within 1 year.