Turkey's consumer confidence improves in May. The consumer confidence index rose to 85.8 in May from 85.5 in April, marking the highest reading since March 2025, according to data from the Turkish Statistical Institute. While the increase signals reduced pessimism among households, the index remains below the 100 threshold, indicating an overall pessimistic economic outlook. The improvement reflects modest gains in household expectations regarding their financial situations over the coming year. Despite the positive momentum, Turkish consumers continue to face economic headwinds that keep sentiment subdued compared to pre-crisis levels. This gradual recovery in confidence could support modest consumer spending growth if the trend continues.
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