Turkish economic confidence falls 1.8% in December

Turkish economic confidence falls 1.8% in December
# 30 December 2021 19:36 (UTC +04:00)

Turkey's economic confidence index fell 1.8% month-on-month in December to 97.6 points, data from the Turkish Statistical Institute showed on Thursday, APA reports citing Reuters.

The index, which points to an optimistic outlook when above 100 and pessimistic when below, hit a record low last year before recovering as coronavirus measures were eased in the summer.

The index climbed above 100 points in July for the first time since May 2018.

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