Türkiye’s key sectoral confidence indices down in June
The construction site is seen in the Bodrum district of Muğla province, southwestern Türkiye, June 4, 2024. (DHA Photo)


Confidence in key sectors in Türkiye deteriorated in June compared to a month earlier, official data from the country's statistical authority revealed on Monday.

Among all subindices, the retail trade sector suffered the most, dropping 2.6% to 108.8 this month, the Turkish Statistical Institute (TurkStat) data showed.

The services confidence index fell 1.5% month-over-month to 115.4 in June. The construction sector confidence index tapered off 0.5% to 87.9 during the same period.

Calculated from a monthly survey, the results are evaluated within a range of 0-200. Sectoral confidence indices signal an optimistic outlook when the value is above 100, and a pessimistic outlook when below 100.