Turkey's consumer confidence index climbs in March

ANKARA, index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">march 21 (Xinhua) -- Turkish consumers' confidence in the economy went up in index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">march, the Turkish Statistical Institute (TurkStat) announced Thursday.

The data released by TurkStat showed that the consumer confidence index.html" target="_blank">index reached 59.4 this month, up by 2.7 percent from February.

The general economic situation expectation index.html" target="_blank">index soared by 4.9 percent, while the household expectation index.html" target="_blank">index climbed 4 percent, which both helped lift the consumer confidence.

The index.html" target="_blank">index value, calculated through measurement of consumer tendencies, indicates an optimistic outlook when it is above 100, while it indicates a pessimistic outlook when it is below 100.

In 2018, the index.html" target="_blank">index value hovered between 72.7 and 57.6 -- the highest being in July and the lowest in October.