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Turkey: Economic sentiment increases in October
Latest reading: Economic sentiment rose to 99.3 in October, following September’s 98.7. However, the reading was still below the long-term average of 100.
In October, sentiment brightened in the industrial sector (+0.2 vs -1.4 in September) and the retail sector (+13.9 vs +11.8 in September). In contrast, sentiment worsened in the construction sector (-16.3 vs -12.1 in September), the services sector (+20.6 vs +20.9 in September) and among consumers (-16.5 vs -16.2 in September).
