FX.co ★ Turkish Economic Confidence Edges Up in May

In May 2025, Turkey's economic confidence index slightly increased to 96.7, up from 96.6 in April. Enhanced sentiment was observed among consumers, whose confidence rose to 84.8 from 83.9, service providers, with an increase to 110.5 from 109.5, retailers, climbing to 111.2 from 110.6, and constructors, improving to 88.4 from 85.1. However, the outlook for manufacturers declined, dropping to 98.6 from 100.8.