TURKSTAT, Service, Retail Trade and Construction Confidence Indices, published January 2023 information.
Accordingly, the belief index fell in the services, retail trade segments, and rose in the construction segments.
Seasonally adjusted confidence index in January 2023 compared to the previous month; While it decreased by 1.7 percent in the service branch and 1.0 percent in the retail trade sector, it increased by 0.6 percent in the construction branch.
Seasonally adjusted confidence index in December compared to the previous month; increased by 1.7 percent in the service sector, 4.5 percent in retail trade and 1.2 percent in construction.
Confidence indices can take value in the range of 0-200, if the index is higher than 100, it indicates the optimism of the branch for the current and future period, and if it is below 100, it indicates pessimism.
