In November, index for construction rises, while it falls in services and retail trade sectors
Confidence in Türkiye’s construction sector went up in November, while services and retail trade dropped compared to a month ago, according to official data released on Friday.
The seasonally adjusted confidence index for construction rose 2.2% month-on-month to 91 in November, the Turkish Statistical Institute data showed.
The services confidence index reached 110.9 in November, a monthly decrease of 2.4%.
The index for retail trade came in at 111.7 this month, falling 1.9% from last month,said TurkStat.
Calculated from the monthly survey, results are evaluated within a range of 0-200. Sectoral confidence indexes above 100 signal an optimistic outlook, and a pessimistic outlook when below 100.
Source: aa