Consumer Confidence Takes a Hit
Forex - Consumer Confidence Index Reaches 79.8
The consumer confidence index, calculated from the results of the consumer trends survey conducted in collaboration with the Turkish Statistical Institute and the Central Bank of the Republic of Turkey, decreased by 1.0% in November, down from 80.6 in October.
Consumer confidence index, sub-indices, and rate of change, November 2024
| Index | Previous Month | Change Rate (%) |
|---|---|---|
| October | November | |
| Consumer Confidence Index | 80.6 | 79.8 |
| Current Household Financial Situation | 64.7 | 66.1 |
| Expectations for Household Financial Situation in the Next 12 Months | 82.1 | 80.6 |
| Expectations for General Economic Situation in the Next 12 Months | 75.3 | 73.8 |
| Intention to Expend on Durable Goods in the Next 12 Months | 100.1 | 98.6 |