Turkey: Consumer confidence index improves in March

Turkey: Consumer confidence index improves in March

Index sees rise in March compared to February despite coronavirus fears

By Tuba Sahin

ANKARA (AA) - Turkish consumers' confidence in the country's economy improved this month despite coronavirus fears, Turkey's statistical authority revealed on Monday.

The consumer confidence index increased 1.7% month-on-month in March, TurkStat data showed.

Last month, the figure was 57.3.

The index value is calculated through cooperation between TurkStat and the Central Bank by measuring consumers' tendencies.

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