World Economy

Turkey CCI Improves

Turkey CCI ImprovesTurkey CCI Improves

Turkey’s consumer confidence index rose for a second month in a row in April, the Turkish Statistical Institute said Thursday, Anadolu Agency reported. The index rose to 68.46 points from 67 points in March, a 2.2% gain following a 0.5% increase in March. The largest improvement among sub-indices was in the probability of saving index, which tracks attitudes to saving. The index saw a 13.1% or 2.74 points rise compared to the previous month. Unemployed saw a 1.9% increase on the previous month to reach 69.11 points in April. Attitudes over the general economic outlook also saw a rise —1.8% as it jumped from 89.41 points to 91.02 points for April. However, the financial expectations index showed a meager increase of 0.2%, well behind the improvements in other measurements.