The Turkish economic confidence index has hit its highest level since November 2013, according to data released yesterday by the Turkish Statistical Institute (TurkStat). The economic confidence index increased by about 4.5 percent to reach 103.4 points in July, up from 98.9 points in June, TurkStat reported. Among all sub-indices, improvements in retail trade, services and consumer confidence supported the monthly rise. The retail trade confidence index increased the most, by 6.6 percent to 107.3 points, followed by services confidence, with 5 percent growth, and consumer confidence, with 1.9 percent growth. In contrast, the real estate sector and construction confidence index have decreased slightly this month.