Consumer confidence in Turkey improved to a maximum of 21 months

The consumer confidence index for the Turkish economy rose in July to 73.1 points from 70.3 points in June, according to a survey conducted by the Turkish Statistical Institute. The indicator has improved to the highest level since October 2016, when it was 74 points, wrote. The indicator, which determines the financial expectations of households, rose to 92 points from 89.1 points a month earlier. The indicator fixing the expectations of the overall economic situation in the country reached 96.3 points against 92.1 points in June. The population's expectations regarding the unemployment rate amounted to 76.9 points, increased by 1.9% compared to July. The savings opportunity index rose to 27.1 points from 24.6 points.

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