Turkey Economic Confidence Improves in May

The Economic Confidence Index in Turkey rose to 97.2 in May 2026 from 96.4 in the previous month. The real sector confidence index increased to 101.0 from 98.6, marking a solid 2.4% monthly gain and moving above the neutral 100 level. Retail trade confidence also strengthened, rising to 112.5 from 111.6, while consumer confidence edged up slightly to 85.8 from 85.5. In contrast, the services sector index declined to 109.0 from 109.7, suggesting a mild cooling in activity expectations. Construction confidence also fell more sharply to 82.1 from 83.6, pointing to continued weakness in the sector. Despite the overall improvement, the economic confidence index remained below the 100 threshold, indicating a still pessimistic outlook for the general economic situation.
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