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The consumer confidence index for the Turkish economy rose in July to 73.1 points from 70.3 points in June, according to a survey conducted by the Turkish Statistical Institute. The indicator has improved to the highest level since October 2016, when it was 74 points, finversia.ru wrote. The indicator, which determines the financial expectations of households, rose to 92 points from 89.1 points a month earlier. The indicator fixing the expectations of the overall economic situation in the country reached 96.3 points against 92.1 points in June. The population's expectations regarding the unemployment rate amounted to 76.9 points, increased by 1.9% compared to July. The savings opportunity index rose to 27.1 points from 24.6 points.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
Japanese manufacturers’ confidence dropped in the second quarter to levels not monitored since the global financial crisis of 2009. This highlighted the damage that the novel coronavirus crisis inflicted on the export-dependent economy. The ...
Japan retail sales fell a double-digit pace for the second month in May as the coronavirus pandemic heavily affected consumer confidence and hopes for economic recovery. Retail sales dropped 12.3% in May year-on-year as the downturn in demand ...
Japan’s core consumer prices were seen struggling for two consecutive months in May. This increased deflation expectations and prompted policymakers to provide more economic reinforcements for the virus-beaten economy. The country’s ...
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