Turkey: Consumer confidence up 4.3% in June

By Muhammed Ali Gurtas

ANKARA (AA) - Turkish consumers' confidence in the economy surged 4.3% in June, the country's statistical authority announced Thursday.

The consumer confidence index stood at 57.6 this month, up from 55.3 in May, the Turkish Statistical Institute (TurkStat) said.

The index value is jointly calculated by TurkStat and the Central Bank of Turkey through measurement of consumer tendencies.

In 2018, the index value hovered between 72.7 and 57.6 -- the highest being in July and the lowest in October.