Consumer Confidence Index, September 2017

Consumer confidence index was 68.7

Turkey Statistical Institute and the consumer confidence index calculated from the Central Bank of the Republic of Turkey in cooperation with the result that consumer tendency survey conducted in September decreased by 3.4% the previous month; The index, which was 71.1 in August, became 68.7 in September.

Consumer confidence index, September 2017



Expectation of the financial situation of the household was 89.6

The financial situation expectation index of the household decreased by 2.5% compared to the previous month and became 89.6 in September. This decrease stemmed from the decrease in the expectation that the financial situation of the household will be better in the next 12 months.

General economic situation expectation index was 94.7

While the general economic situation expectation index was 97.9 in August, it decreased by 3.3% in September and fell to 94.7. This decrease indicates that the consumers, who are expected to improve the overall economic situation in the next 12 months, decreased compared to the previous month.

Number of unemployed expectation index was 70.5

The number of unemployed expectation index decreased by 2.7% compared to the previous month and became 70.5 in September. This decrease stemmed from the decrease in the number of unemployed persons expecting a decrease in the next 12 months.

The probability of saving index was 20.2

The probability of saving index decreased by 10%. The index, which was 22.4 in August, fell to 20.2 in September. This decrease indicates that the consumers who think that there is a possibility of saving in the next 12 months decreased compared to the previous month.

Consumer confidence index, sub-indices and change rates, September 2017




The publication date of the next press release related to this subject is 23 October 2017.


DESCRIPTIONS

The monthly consumer tendency survey assesses the current situation of the consumers regarding the financial situation and the general economy, as well as their expectations for the next period, their expenditure and savings trends.

The consumer confidence index calculated from the survey results can take value in the range 0-200. The consumer confidence index is higher than 100, which indicates that the consumer confidence is optimistic.