Consumer confidence index goes up in July

ANKARA

Turkish consumers’ confidence in the country’s economy has gone up in July, rising 4 percent month-on-month, according to Turkey’s statistical authority TÜİK’s statement on July 23.

The consumer confidence index stands at 73.1 this month, while it was 70.3 in June.

The index value is figured out in cooperation with the TÜİK and the Central Bank by measuring tendencies of consumers.

Last month, the consumer confidence index rose 0.6 percent from 69.9 in May.

Since the beginning of this year, the index value hovered between 73.1 and 69.9.