Turkey's economic sentiment weakened further in April to the lowest level in nine months, survey results from the Turkish Statistical Institute in Ankara showed on Wednesday.
The economic sentiment index dropped to 96.4 in April from 97.9 in March. Any reading below 100 indicates a pessimistic outlook.
Moreover, this was the lowest reading since July 2025, when it was 96.1.
Among components, morale for the manufacturing weakened to 98.6 from 100.0, and services confidence eased to 109.7 from 113.2. The confidence indicator for the retail trade dropped to 111.6 from 113.6, while the constructors remained less pessimistic, with the index rising to 83.6 from 80.6.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.