Turkish consumer confidence falls in February

By Muhammed Ali Gurtas

ANKARA (AA) - Turkish consumers' confidence in the economy fell in February, the country's statistical authority announced Wednesday.

On a monthly basis, the consumer confidence index went down 0.7 percent to stand at 57.8 this month.

The index value is jointly calculated by TurkStat and the Central Bank by measuring consumer tendencies.

Last month, the figure was 58.2, down from 0.9 percent from December's 58.7.

In 2018, the index value hovered between 72.7 and 57.6 -- the highest in July and the lowest in October.