Turkey's economic confidence in August hits 3-year high

August 27 2021 10:41:16

Turkey's economic confidence in August hits 3-year high

ANKARA

Turkey's economic confidence index hit a 39-month high of 100.8 this August, the country's statistical institute said on Aug. 27.

Chiefly driven by the services and construction confidence indices, the main reading improved 0.7% from July, Turkish Statistical Institute (TÜİK) data showed.

A value above 100 shows an optimistic outlook for the general economic situation, while a value below 100 points to a pessimistic one.

Over 47 million foreign tourists visit Türkiye in 10 months

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December

WORLD

Memorial ceremony held on 32nd anniversary of the Molln tragedy in Germany

A memorial ceremony was held in Molln in Germany's Schleswig-Holstein state, to commemorate Turkish nationals Bahide Arslan, Yeliz Arslan and Ayşe Yılmaz who were killed in a house set on fire by far-right extremists in 1992.

ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.