Conexio consulting

Economic confidence surges in July amid coup bid

Turkey’s economic confidence index in July rose by 14.9 percent compared to the previous month, signaling no damage to confidence in the country’s economy after the failed July 15 coup attempt.

Services confidence index increased to 100.86, retail trade confidence index increased to 103.56, construction confidence index increased to 82.95 and real sector confidence index increased to 106.3 in July.

The construction confidence index also saw a 2.5 percent rise to 82.95, while real sector confidence also rose 1.9 to 106.3 in July.

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