Türkiye Consumer Confidence Index Rises in June

Türkiye Consumer Confidence Rises 2.5% in June

Türkiye’s consumer confidence index increased by 2.5 percent month-on-month in June, according to data released by the Turkish Statistical Institute in cooperation with the Central Bank of the Republic of Türkiye.

The index rose to 87.9 in June, up from 85.8 in May.

Improvement Across All Sub-Indices

All sub-indices recorded monthly increases, indicating a broad improvement in consumer sentiment.

The strongest rise was seen in the current financial situation of households, which increased by 4.5 percent to 72.3, compared to 69.2 in May.

Expectations regarding the general economic situation over the next 12 months increased by 3.1 percent to 83.9, while household financial expectations rose by 1.9 percent to 89.5.

The assessment for spending on durable goods over the next 12 months also increased by 1.4 percent, reaching 105.9.

Index Interpretation

The consumer confidence index is measured on a scale from 0 to 200. A value above 100 indicates an optimistic outlook, while a value below 100 reflects a pessimistic view.

Despite the monthly improvement, the index remains below the neutral threshold of 100.