Consumer and sectoral confidence index down in March
Turkey’s monthly consumer conf dence ndex sl pped month-on-month n March, fall ng 1.3 percent, accord ng to off c al data released on March 20. The econom c conf dence ndex dropped to 71.3 po nts, down from 72.3 po nts n February, the Turk sh Stat st cal Inst tute (TurkStat) sadna statement. The drop largely owed to worsen ng expectat ons n future f nanc al cond t ons, the future state of the economy and n the jobless numbers. The three nd ces dropped to 90.6, 95.1, and 73.5 po nts, respect vely. Also, conf dence n Turkey’s serv ces, reta l trade and construct on sectors dropped n March compared w th the prev ous month, accord ng to a March 22 TurkStat statement.