Turkiye's economic confidence index rises 1.4% in May

The consumer confidence in Turkiye rose from 87.5 in April to 91.1 in May. The change rate also grew from 9.2 per cent in April to 4.0 per cent in May, showing that although the consumer confidence improved, the rate of increase slowed down.

The retail trade confidence rose marginally from 116.2 in April to 116.7 in May. The rate of change reflected this slight increase, moving from a -1.3 per cent change in April to a 0.4 per cent increase in May, as per the data.

ALCHEMPro News Desk (KD)