Türkiye's sectoral confidence mixed in November

Retail trade, construction indices rise, services sector posts drop

By Tuba Sahin

ANKARA (AA) - Türkiye’s sectoral confidence indices posted mixed results in November, according to official data released on Thursday.

Seasonally adjusted confidence indices for retail trade and construction were up, while the services sector saw a drop from the previous month.

The confidence index for retail trade rose 2.1% on a monthly basis to 121.9 in November, the Turkish Statistical Institute reported.

The construction confidence index climbed 1.2% to 91.6, while the services confidence index fell 1% to 118.1.

Calculated from a monthly survey, the results are evaluated within the range of 0-200, signaling an optimistic outlook when the value is above 100 and a pessimistic one when it is below 100.

Kaynak:

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