Turkiye's confidence index in retail trade down in July

The business activity-sales over the past 3 months index experienced a slight increase, from 127.2 in June to 128.8 in July, denoting a 1.3 per cent growth, a contrast to the 0.6 per cent decline observed the previous month. The current volume of stock index showed a negative trend, decreasing from 98.4 in June to 95.3 in July, a -3.2 per cent change, compared to the 1.6 per cent rise in June.

Finally, the business activity-sales expectations over the next 3 months index experienced a significant decrease, falling from 127.7 in June to 120 in July, a -6 per cent change, contrary to the 2 per cent growth experienced in the previous month.

ALCHEMPro News Desk (KD)