Turkey’s economic confidence index declined for The second consecutive month in March Statistical Authority of the country announced Wednesday.
The number is down 2.5% per month.on-month to 95.7 in March, according to the Turkish Statistical Institute (Turkstat) in a permit.
All sub-indicators except for Consumer confidence deteriorated in the month, with Spread the trust of the biggest services decline.
The services confidence index fell 6.2% from the previous month to 113 in March, while retail trade slipped 3.1% to 116 in same period.
Sub-indicators for The real The building and construction sector fell 1.6% and 2% to 108.2 and 81, respectively.
On the other hand, the Consumer Confidence Index rose by 1.9% to reach 72.5 in March.
A rating above 100 indicates an optimistic outlook for The general economic situation, while the value of below 100 suggests a negative rating.
