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Türkiye’s economic confidence index rose 1.4% month-on-month to 100.7 in February, crossing into optimistic territory for the first time since March 2025, according to official data released Thursday.
The index, which aggregates sentiment across consumers, manufacturers, and key service sectors, moved above the neutral threshold of 100, signaling improving expectations about economic conditions.
The improvement in manufacturing sentiment, alongside strong readings in services and retail, contributed to the overall rise in economic confidence, as forward-looking indicators pointed to firmer business expectations despite uneven performance across sectors.
Consumer confidence increased by 2.3% from the previous month, reaching 85.7 in February. While still below the neutral level, the rise pointed to improved household expectations.
Business sentiment in manufacturing strengthened, with the real sector confidence index rising 1.1% to 104.1, its highest level since October 2023, reflecting stronger expectations for output, orders, and overall production activity in the coming months.
Confidence in the services sector remained unchanged at 113.8, while retail trade sentiment rose 2.9% to 115.9, suggesting resilient demand conditions in domestic commerce. In contrast, construction sector confidence fell 2.1% to 83.9, remaining below the neutral threshold
Assessing the figures, Treasury and Finance Minister Mehmet Simsek said the broader index reflected improving economic sentiment across sectors, adding that stronger manufacturing confidence signals momentum in industrial recovery.
"The rise in real sector confidence to its highest level since October 2023 indicates that the recovery in the manufacturing industry outlook is gaining strength," Simsek said.
"With the policies we have implemented, we are increasing predictability while strengthening macroeconomic foundations."
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