According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 76.4 points in August, was up by 2.4 percent month on month in September this year to 78.2 points, having previously increased by 0.6 percent in August.
According to the indices based on individual questions asked of Turkish consumers concerning the consumer tendency, in September the index for the general current economic situation increased by 10.5 percent month on month to 48.0 points, while the index for the general economic situation in the next 12 months went up by 4.2 percent compared to August to 74.5 points.
Meanwhile, in the given month, the index for whether the present is a good time to purchase durable goods went down by 1.7 percent to 46.0 points, while the index for the probability of buying durable goods in the next 12 months moved up by 2.0 percent to 96.2 points, both on month-on-month basis.
In September, the probability of buying a car in the next 12 months was down by 0.5 percent to 18.5 points and the index for the probability of buying or building a home in the next 12 months fell by 4.5 percent to 10.5 points, both month on month.
*When the index is above 100 it indicates an optimistic outlook, when it is equal to 100 it indicates a neutral outlook and below 100 it points to a pessimistic outlook.
