Consumer confidence index realized as 65.2
The consumer confidence index calculated from the results of the consumer tendency survey carried out in cooperation with the Turkish Statistical Institute and Central Bank of the Republic of Turkey decreased by 3.2% compared to the previous month. The index became 65.2 in November while it was 67.3 in October.
Consumer confidence index, November 2017
Financial situation expectation index realized as 84.6
The financial situation expectation of household index decreased by 2.8% compared to the previous month and became 84.6 in November. This decrease resulted from the increase of consumers expecting deterioration in their household’s financial situation in the next 12 months period.
General economic situation expectation index became 87.1
The general economic situation expectation index which was 90.4 in October decreased by 3.7% and became 87.1 in November. This decline resulted from the increased number of consumers expecting a worse general economic situation in the next 12 months compared to the previous month.
Number of people unemployed expectation index became 70.9
The number of people unemployed expectation index which was 70.88 in October increased by 0.1% and became 70.95 in November. This increase stemmed from the increased number of people expecting a decrease in the number of unemployed persons in the next 12 months.
Probability of saving index realized as 18
The probability of saving index decreased by 14.4% from 21 in October to 18 in November. This decrease stemmed from the increased number of consumers who expressed no probability of saving for the next 12 months period.
Consumer confidence index, sub-indices and rate of changes, November 2017
The next release on this subject will be on December 21, 2017.
In monthly consumer tendency survey, consumers’ assessments and expectations on financial standing and general economic situation, also their expenditure and saving tendencies are measured.
The consumer confidence index calculated from the survey results is evaluated within the range of 0-200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.