FX.co ★ Turkey Economic Sentiment Turns Positive

Turkey's Economic Confidence Index rose to 100.6 in August 2026 from 99.8 in July, surpassing the 100 threshold for the first time since February. Remaining above 100 signals a slightly optimistic outlook for the overall economy. The improvement was primarily driven by stronger consumer sentiment, with the consumer confidence index increasing 1.0% month-on-month to 90.8, and manufacturing confidence climbing 1.2% to 102.4, extending its position above the 100 mark. By contrast, confidence in the services sector edged down 0.1% to 111.9, while retail trade confidence slipped 0.8% to 110.1; however, both indicators stayed comfortably above the threshold. Construction confidence remained the main weak spot, falling 0.4% to 83.1 and staying well below the 100 level.