Real Sector Confidence Index Announced

Real Sector Confidence Index Announced

  Real Sector Confidence Index increased by 2.8 points in February compared to January and reached 106.9. Central Bank of the Republic of Turkey (CBRT) by the Business Tendency for the month of February, Statistics and Real Sector Confidence Index (RKG) were announced. Accordingly, RKGE increased by 2.8 points in February compared to the previous month and rose from 104.1 to 106.9. When the diffusion indices of the survey questions that make up the index are analyzed, the evaluations index for the production volume in the next three months, the export order amount in the next three months, the current total order amount, the fixed capital investment expenditure, the total employment amount in the next three months and the total order amount in the last three months are in the direction of increasing Impressed. On the other hand, the general trend and the assessments of the current stock of finished goods have had an effect on the decrease in the index. The seasonally adjusted real sector confidence index (RKGE-MA) increased by 0.3 points compared to the previous month and was at 106.7. INCREASE EXPECTATIONS IN THE PRODUCTION VOLUME IN THE FUTURE THREE MONTHS Reviews for the past three months showed that the course, which was in favour of those reporting an increase in production volume, had weakened compared to the previous month. While the trend in favor of those who reported a decrease in the amount of export orders in the previous month turned in favor of those who reported an increase, the trend in favor of those who reported a decrease in the amount of orders in the domestic market continued to strengthen. Assessments that current total orders are below seasonal norms have weakened, while assessments that current level of inventory of finished goods are above seasonal norms. In the evaluations for the next three months, the trend in favor of those who expect an increase in production volume, domestic market order quantity and export order quantity continued to strengthen. Fixed capital investment expenditure in the next twelve months and expectations for an increase in employment in the next three months also increased. PPI EXPECT TO FALL 13.1 PERCENT While the progress in favor of those who reported an increase in average unit costs in the last three months continued to strengthen, the trend in favor of those expecting an increase in the next three months and the increase in sales price in the next three months weakened. As of the end of the next twelve-month period, annual PPI expectation decreased by 0.2 points compared to the previous month and reached 13.1 percent. The proportion of those who stated that they were more optimistic compared to the previous month fell to 14.5 per cent and the proportion of those who stated that they remained the same fell to 74.4 per cent, while the proportion of those who stated that they were more pessimistic rose to 11.1 per cent.