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Turkiye's retail trade confidence index falls by 3.3% in Oct

28 Oct '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Seasonally-adjusted retail trade confidence index in Turkiye decreased by 3.3 per cent month on month (MoM) in October this year to 113.9.
  • The index for business activity-sales in the sector over the past three months was 120.3 during the month—a 2.8 per cent drop MoM.
  • The index for the sector's current volume of stock was 95.4—a 2.9 per cent fall MoM.
Seasonally-adjusted confidence index in the Turkish retail trade sector decreased by 3.3 per cent month on month (MoM) in October this year to 113.9.

The index for business activity-sales in retail trade over the past three months was 120.3 in October—a 2.8 per cent drop MoM.

The index for current volume of stock in retail trade was 95.4 during the month—a 2.9 per cent decrease MoM, the Turkish Statistical Institute (Turkstat) said on its website.

The index for business activity-sales expectation over the next three months in the sector was 126 in October—a fall of 3.9 per cent MoM.

ALCHEMPro News Desk (DS)

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