Tuesday, 02 January 2024 12:17 GMT

Retail trade indices, main reading improve 3.3 percent from February to 98.9 this month


(MENAFN)The country's statistical institute stated that Turkey's economic confidence index boosted to a 14-month high in last month.

According to Turkish Statistical Institute (TurkStat), real sector (manufacturing industry), services, and retail trade indices, the main reading increased 3.3 percent from February to 98.9 the current month.

A worth above 100 represents an optimistic outlook for the general economic situation, as a worth under 100, considered pessimistic.

The number stood at 99.3 in January last year, earlier than the Coronavirus spread in the country and before applying restrictions.

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