Türkiye’s consumer confidence hits 59 month high

The consumer confidence index in Türkiye reached 91.1 in May, hitting a 59-month high, according to official figures on Monday.The index was up 4% from 87.5 in April, the country’s statistical authority TurkStat said. It was at 92.9 in July 2018. TurkStat calculates the index based on survey results between 0 to 200, as the index indicates an optimistic outlook when it is above 100 but a pessimistic outlook when it is below 100.— AA