Consumer and real sector confidence indices increased in August

Serdar HocamAuthor & Editor

While consumer and real sector confidence indices recorded increases in August, decreases were experienced in the service, retail, and construction sectors.

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Ekonomiye güven ağustosta yükseldi

In August, consumer and real sector confidence indices showed an increase, while confidence indices for the service, retail trade, and construction sectors declined.

Change in Consumer Confidence Index

Compared to the previous month, the consumer confidence index recorded an increase of 1.0 percent in August, reaching a level of 90.8.

Status of the Real Sector Confidence Index

The real sector confidence index, covering the manufacturing industry, showed an increase of 1.2 percent in August, taking a value of 102.4.

Service and Retail Sectors

The service sector confidence index decreased by 0.1 percent in August, declining to a value of 111.9.

The retail trade sector confidence index, on the other hand, recorded a decline to 110.1 with a 0.8 percent drop.

Construction Sector Confidence Index

The construction sector confidence index showed a decrease of 0.4 percent in August, taking a value of 83.1.

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