FX.co ★ Turkey’s Consumer Confidence Slumps in October, Reversing Recent Gains

Turkey’s consumer confidence weakened sharply in October 2026, signaling growing caution among households after recent months of relative stabilization. The consumer confidence index fell to 84.8 in October from 91.9 in September 2026.

The latest reading, updated on 22 October 2026, marks a notable deterioration in sentiment, pushing the index further below the 100-point threshold that separates optimism from pessimism. The decline suggests Turkish consumers are becoming more wary about their financial outlook and the broader economic environment as the final quarter of the year begins.

This downturn in confidence may have implications for domestic demand, as more pessimistic consumers often cut back or delay spending, posing potential headwinds to short-term growth dynamics in Turkey’s economy.