Consumer confidence index in Turkey down 3.1 points in July

According to the survey, consumers considered "the tension with Israel" and "terrorism" as the most important issues on Turkey's agenda in the last one month.

Consumer confidence index in Turkey down 3.1 points in July

Consumer confidence index in Turkey dropped 3.1 points to 84.5 in July after a 5.3 points increase a month earlier to hit a record-high of 87.6 in 29 months, according to results of a survey conducted by Turkey branch of the GfK, an international market research company.

The consumer confidence index calculated from survey results indicates an optimistic outlook, when the index is above 100. It gives a pessimistic outlook, when it is below 100.

According to the survey, consumers considered "the tension with Israel" and "terrorism" as the most important issues on Turkey's agenda in the last one month.

The index dropped 5.2 points on overall economic outlook to 108.5 points as it was also down by 2.4 points to 77.9 on the expectation of a future reduction in jobless rates.

GFK Turkey conducts the "Consumer Survey" of the "Joint Harmonised European Union Programme of Business and Consumer Surveys" on behalf of the European Commission since March 2007.

The survey is financed jointly by the European Commission and GfK Turkey.


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Last Mod: 03 Ağustos 2010, 16:15
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