Turkish consumer sentiment index rises in November

Turkish consumer confidence index rose in the month of November, According to the Turkish Statistical Institute, the seasonally adjusted consumer confidence index rose 5.2 percent sequentially to 59.9 from October’s 57.

The financial situation expectation of household index rose 6.1 percent to 79.3 in the month, from October’s 74.8. The general economic situation expectation index rose 6.9 percent to 78.5 from prior month’s 73.4.

The number of people unemployed expectation index rose 3.6 percent to 58.8 in November from October’s 56.8. Meanwhile, the probability of saving index rose 0.5 percent to 23 in November from prior month’s 22.8.