According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 73.2 points in August, increased by one percent month on month in September this year to 74 points, following the 0.9 percent month-on-month decrease in August.
According to the indices based on individual questions asked of Turkish consumers concerning the consumer tendency, in September the index for the general current economic situation increased by 1.5 percent month on month to 100.8 points, while the index for the general economic situation in the next 12 months increased by 2.3 percent compared to August, to 102.1 points.
Meanwhile, in September the index for whether the present is a good time to purchase durable goods decreased by 5.6 percent to 76.8 points, while the index for the probability of buying durable goods in the next 12 months moved up by 1.7 percent to 98.3 points, both on month-on-month basis.
In September, the probability of buying a car in the next 12 months increased by 5.6 percent to 12.7 points and the index for the probability of buying or building a home in the next 12 months increased by 10.5 percent to 11 points, both month on month.
*When the index is above 100 it indicates an optimistic outlook, when it is equal to 100 it indicates a neutral outlook and below 100 it points to a pessimistic outlook.
