Türkiye’s economic confidence index declined on a monthly basis in March, the country’s statistical authority said on Thursday. The index fell 0.2% from a month ago to 98.8 in March, Turkish Statistical Institute (TurkStat) data showed. A value above 100 indicates an optimistic outlook for the overall economic situation, while a value below 100 suggests a negative assessment. The fall in March stemmed from decreases in the consumer, retail trade, and construction confidence indices, according to TurkStat.
The sub-index for retail trade confidence saw the largest monthly decline of 4.4% and slipped to 117.7 in March. It was followed by the consumer confidence index, which dropped 2.9% to 80.1, while the construction confidence index was down 1.5% to 88.5, the data showed. The index for the real sector – the manufacturing industry – climbed 1.7% to 104.1, while the services index increased 1.1% to 116.8.
Chief Minister Punjab Maryam Nawaz Sharif presided over the Polio Oversight Board meeting in which…
Pashtunkhwa Milli Awami Party (PMAP) chief Mahmood Khan Achakzai on Thursday sent a legal notice…
The Islamabad High Court (IHC) on Thursday reserved its verdict on a petition filed by…
The Election Commission of Pakistan (ECP) has reappointed Omar Hamid Khan as its secretary for…
The Pakistan International Airlines (PIA) on Thursday suspended flight operations for Dubai and Sharjah as…
Minister for Information and Broadcasting Attaullah Tarar on Thursday said highly successful second visit of…
Leave a Comment