Seasonally adjusted confidence index decreased by 1.4% in services sector and 1.3% in construction sector, while increased 0.4% in retail trade sector in February compared to January.
Seasonally adjusted confidence index which was 101.9 for services in January decreased by 1.4% in February to 100.4. In services sector compared to the previous month, business situation over past three months sub-index decreased by 1.1% to 101.8. Seasonally adjusted retail trade confidence index increased by 0.4% in February to 108.9. In retail trade sector compared to the previous month, business activity-sales over past three months sub-index increased by 2.8% to 122.2. Current volume of stock sub-index increased by 2.8% to 92.6 and business activity-sales expectation over next three months sub-index decreased by 4.0% to 112.0. Seasonally adjusted construction confidence index which was 84.2 in January decreased by 1.3% in February to 83.1. In construction sector compared to the previous month, current overall order books sub-index became 76.9 by increasing 1.6%. Total employment expectation over next three months sub-index decreased by 3.6% to 89.3.
Source: https://data.tuik.gov.tr/Bulten/Index?p=Sectoral-Confidence-Indices-February-2021-37524&dil=2
