By Tuba Sahin
ANKARA (AA) - The consumer confidence index stood at 55.8 points in September, according to the Turkish Statistical Institute (TurkStat) on Friday.
Consumer confidence in Turkish economy this month fell 4.3% from August, TurkStat said in a statement.
All sub-indices, except the probability of saving index, dropped on a monthly basis in September.
The number of people unemployed anticipation index -- a gauge of sentiment about the health of the labor market -- saw the largest decline with a fall of 5.1%.
The financial situation expectations of households index posted a monthly fall of 4.9% in September.
Attitudes over the general economic outlook went down 4.4% during the same period.
September's probability of saving index -- indicating people’s expectation of earning enough money to save -- increased 0.6% from last month.
The index value is jointly calculated by TurkStat and the Central Bank through measurement of consumer tendencies.
The consumer confidence index is seen as a vital gauge of the overall health of the economy, indicating people's sentiments about spending their money, which in turn gives clues about economic vitality.