Consumer Confidence Shows Modest Improvement in Türkiye
Türkiye's consumer confidence index experienced a notable rise in November 2025, climbing by 1.6% to reach 85.0. This figure represents an improvement from the 83.6 recorded in October 2025, according to data released by the Turkish Statistical Institute (TurkStat) in cooperation with the Central Bank of the Republic of Türkiye.
The increase marks the highest reading for the index since June 2025, indicating a cautious uptick in household sentiment. Despite this positive movement, the overall index remains below the 100-point threshold, which signifies that consumer sentiment is still in pessimistic territory. An index value above 100 indicates optimism, while a value below 100 suggests pessimism.
Detailed Breakdown of Sub-Indices
The improvement in the overall consumer confidence index was broad-based, with all sub-indices registering gains during November. Key areas of improvement include:
- Households' present financial situation: This sub-index improved by 2.7%, rising to 69.6 from 67.7.
- Expectations for financial situation over the next 12 months: This increased by 1.9%, moving from 84.2 to 85.7.
- Outlook for the general economic situation over the next year: Consumers reported a slightly better outlook, with this index rising by 1.3% to 79.6 from 78.6.
- Spending on durable goods over the next 12 months: This sub-index saw a 0.9% increase, edging up to 105.0 from 104.0, suggesting stronger purchasing intentions.
Methodology and Context
The consumer confidence index is derived from the Consumer Tendency Survey, a monthly assessment conducted by TurkStat and the Central Bank. This survey measures consumers' perceptions and expectations regarding their personal financial standing, the general economic course, and their tendencies for expenditure and saving in the near future. The index is evaluated on a scale of 0 to 200.
While the official report from TurkStat does not detail specific reasons for the improvement, external analyses of similar indices have sometimes attributed such upticks to factors like seasonal discounts, such as 'Black Friday' campaigns, and expectations of future economic policies like interest rate adjustments. However, the primary data from TurkStat focuses on the reported changes in consumer sentiment across various categories.
6 Comments
Michelangelo
Finally, some positive economic indicators. Hope it continues!
Muchacha
An improvement is better than a decline, that's for sure. However, the article correctly points out that consumer confidence remains in pessimistic territory, indicating deep-seated issues persist.
Mariposa
This slight uptick might be due to seasonal factors like Black Friday, as mentioned. While it's a good sign, we need to see if this trend holds up without temporary boosts before we can call it a real recovery.
Comandante
The rise in durable goods spending is a strong sign of recovery.
Africa
Great news! Every little bit of improvement helps.
Loubianka
Only 1.6%? That's barely a blip on the radar.