Turkey: Consumer confidence up 6.9% in April

Turkey: Consumer confidence up 6.9% in April

Consumer confidence index stands at 63.5, up from 59.4 in March, says statistical authority

By Muhammed Ali Gurtas

ANKARA (AA) - Turkish consumers' confidence in the economy rose by 6.9% in April, the country's statistical authority announced Monday.

The consumer confidence index stood at 63.5 this month, up over four points compared to March.

The index value is jointly calculated by TurkStat and the Central Bank 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.

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