Turkey CCI Slips

The consumer confidence index in Turkey was down in February from the previous month according to official data on Monday, Anadolu Agency reported. The index slipped 1.8% to hit 65.7 in February from 66.9 points last month, a report from the Turkish Statistical Institute stated. All sub-indices of the main index were lower in the month with probability of saving index—indicating people’s expectation of earning enough money to save—showing the sharpest decline, down 5.9% to hit 21 points from 22.4 in January. The financial situation expectation index was the second-worst performer, slipping by 2.2% from the previous month to 85.9 points.