Confidence among Turkish consumers declined in August, data released by the Turkish Statistical Institute showed Monday.
The consumer confidence index fell to 91.1 in August from 92.8 in July. A reading below 100 indicates a pessimistic outlook.
The decrease was mainly led by a deterioration in consumers' assessment of their present and future purchasing power and expectations about the general economic situation and job opportunities in the coming months.
by RTT Staff Writer
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