21.08.202507:16:51UTC+00Turkey Consumer Confidence Edges Higher in August

Turkey's consumer confidence index experienced a slight uptick in August 2025, reaching 84.3 compared to 83.5 in the prior month. This improvement was largely driven by enhanced sentiment regarding the current financial situation, which increased to 70.0 from 68.2 in July, as well as a stronger outlook on spending for durable goods over the coming year, rising to 104.8 from 102.3. However, there was a decline in forward-looking components, with confidence waning in the financial situation expectation for the next 12 months, dropping to 83.8 from 84.6, and in the general economic situation expectation for the next 12 months, decreasing to 78.4 from 79.0. Despite this slight improvement, the index remains significantly below the neutral threshold of 100, indicating continued caution among consumers.