Consumer Confidence Index Rises to Highest Level in 1.5 Years
Forex - The consumer confidence index has reached its highest level in the last 1.5 years.
Calculated from the results of the consumer trend survey conducted in collaboration with the Turkish Statistical Institute and the Central Bank of the Republic of Turkey, the consumer confidence index increased from 79.8 in November to 81.3 in December, marking a rise of 1.9%.
Thus, it has reached the highest level since the recorded 85.1 in June 2023.
The consumer confidence index, its sub-indices, and change rates for December 2024:
| Index | Previous Month | Current Month | Change Rate (%) Previous Month | Change Rate (%) Current Month |
|---|---|---|---|---|
| Consumer Confidence Index | 79.8 | 81.3 | -1.0 | 1.9 |
| Current Household Financial Situation | 66.1 | 63.8 | 2.1 | -3.5 |
| Household Financial Situation Expectation for the Next 12 Months | 80.6 | 81.9 | -1.8 | 1.6 |
| General Economic Situation Expectation for the Next 12 Months | 73.8 | 76.8 | -2.0 | 4.0 |
| Intention to Spend on Durable Goods in the Next 12 Months | 98.6 | 102.6 | -1.5 | 4.1 |