By Gokhan Ergocun
ANKARA (AA) – Turkish consumers' confidence in the country's economy dropped in August, down 6.5 percent, month-on-month, Turkey's statistical authority said on Friday.
The consumer confidence index stands at 68.3 this month, versus 73.1 in July.
The index value is calculated through a collaboration between TurkStat and the Central Bank by measuring consumers' tendencies.
Last month, the consumer confidence index rose 4 percent from 70.3 in June. Since the beginning of this year, the index value has hovered between 73.1 and 68.3 — the highest in July and the lowest this month.
