The Consumer Confidence Index is an indicator that aims to measure consumers' personal financial situation and current situation evaluations regarding the general economy, their expectations for the future, and their spending and saving trends in the near future. The increase in this indicator, in the simplest terms, symbolizes the increased confidence in the future of the economy. “Increasing confidence in the economy leads to higher consumption, investment, employment, and income. Economic activity increases and economic growth accelerates.” Accordingly, when the new figures were analyzed on 22.11.2022, according to the data obtained from the TURKSTAT website, the consumer confidence index was 76.6 in November. It was observed that this rate increased compared to October.
Kaynak: TUIK
Resources
"Türkiye İstatistik Enstitüsü". TÜİK.
Kaya,L.(2020). Türkiye’de Tüketici Güven Endeksi ile Döviz Kuru Arasındaki İlişki: Fourıer Fonksiyonları Yaklaşımı.
