By Aysu Bicer
ANKARA (AA) - Türkiye's consumer confidence posted a 0.3% rise in September compared to the previous month, according to the latest figures released on Thursday.
From 72.2 in August, the consumer confidence index increased to 72.4 this month, data from the Turkish Statistical Institute (TurkStat) showed.
The index is a vital gauge of the economy's overall situation, indicating consumer sentiments on financial standings and the general state of the economy, along with expenditure and saving tendencies.
The financial situation of households, at present, went down 1.5% to 53 in September.
The index for the assessment of spending money on durable goods over the next 12 months, meanwhile, rose by 1.3% to 91.
The general economic situation expectation index increased by 1.6% to 74, while the financial situation expectation of households over the next 12 months down 1.1% to 71.4
The consumer confidence index is calculated from survey results and evaluated within a range of 0-200, indicating an optimistic outlook when the reading is above 100 and a pessimistic one when it is below.