FX.co ★ Turkey Economic Confidence Improves in May

Turkey’s Economic Confidence Index rose to 97.2 in May 2026, up from 96.4 in April. The real sector confidence index climbed to 101.0 from 98.6, a solid 2.4% monthly increase that pushed it above the neutral 100 threshold. Retail trade confidence also improved, advancing to 112.5 from 111.6, while consumer confidence inched up to 85.8 from 85.5.

By contrast, the services sector index slipped to 109.0 from 109.7, pointing to a modest softening in activity expectations. Confidence in the construction sector weakened more noticeably, falling to 82.1 from 83.6 and signaling ongoing fragility in that industry.

Despite these mixed developments, the overall economic confidence index remained below 100, indicating that sentiment regarding the general economic outlook is still in broadly pessimistic territory.