Economic confidence soars in November

Dünya Executive - - OVERVIEW -

Conf dence n Turkey’s economy surged 9.1

percent th s November, the nat on’s stat st cal author ty announced November 29. TurkStat sa d the econom c conf dence ndex h t 73.7, up from 67.5 n October. “Th s ncrease n the econom c conf dence ndex stemmed from ncreases n the consumer, real sector, serv ces, and reta l trade conf dence nd ces,” the nst tute sa d. In November, the consumer conf dence ndex rose to 59.6 from 57.3 wh le the real sector - manufactur ng ndustry conf dence ndex rose to 96.8, up from 91.1. On a monthly bas s, the serv ces and reta l trade conf dence nd ces cl mbed 5.4 percent and 4.3 percent, respect vely. Th s month, only the construct on conf dence ndex decl ned, down 3.5 percent to 56.6.

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