FX.co ★ Turkish Economic Confidence Highest in 8 Months

In October 2025, Turkey's Economic Confidence Index experienced a minor uptick, reaching 98.2 compared to 98.0 in September, marking the highest level since March. Optimism was notably reinforced within the manufacturing sector, which saw a month-on-month increase of 1.2% to 102.0. Additionally, retail trade sentiment surged by 3.7%, reaching 113.2. Conversely, the construction sector experienced a significant decline, with sentiment dropping 5.3% to 83.7, and the services index saw a marginal decrease of 0.3% to 110.7. Consumer confidence also experienced a slight decline, edging down by 0.3% to 83.6 from the previous month. Although the headline index still sits below the neutral mark of 100, suggesting a generally cautious economic outlook, the improvements in manufacturing and retail indicate areas of strength, particularly within commerce and industry.