Services confidence index realized as 83.5
Seasonally adjusted confidence index which was 85.4 for services in June decreased by 2.2% in July to 83.5. In services sector; business situation, demand-turnover and demand-turnover expectation indices decreased by 2.9%, 1.6% and 2.1% respectively compared to the previous month to 79.2, 77.8 and 93.5.Retail trade confidence index realized as 90.4
Seasonally adjusted retail trade confidence index decreased by 3% in July to 90.4. In retail trade sector; business activity-sales, current volume of stock and business activity-sales expectation indices decreased by 2.9%, 0.9% and 5.5% respectively compared to the previous month to 79.7, 105.4 and 86.3.Seasonally adjusted sectoral confidence indices, July 2019
Construction confidence index realized as 52.4
Seasonally adjusted construction confidence index which was 50.4 in previous month increased by 3.8% in July to 52.4. In construction sector; current overall order books and total employment expectation indices both increased by 3.8% compared to the previous month respectively to 38.7 and 66.Seasonally adjusted sectoral confidence indices, sub-indices and the rate of
changes, July 2019
The next release on this subject will be on August 26, 2019.
Sectoral confidence indices can take value between 0 and 200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.