Turkish consumer confidence up in January

Turkish consumer confidence up in January

Most of sub-indices post monthly increases

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's consumer confidence index increased to 79.1 in January from 75.6 in December 2022, official figures showed on Monday.

The index posted an increase of 4.6% month-on-month in January.

Among the sub-indices, financial situation of household at present index was up from 57.4 to 61.6, while financial situation expectation of household for the next 12 months index increased to 79.9 from 75.4.

The general economic situation expectation over the next 12 months index also rose to 82.7 from 77.3.

Meanwhile, the index of assessment on spending money on durable goods over the next 12 months dropped to 92.2 from 92.6.

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