Turkish June consumer confidence rebounds from record low -statistics institute

ISTANBUL: Turkey's consumer confidence rose to 57.6 points in June from 55.3 points in May, data from the Turkish Statistical Institute showed on Thursday, recovering from its lowest level on record since the data was first published in 2004.

In May, the index had dropped below the previous record low of 55.7 points, which it hit in November 2008. A confidence level below 100 reflects a pessimistic outlook and would need to rise above 100 to indicate optimism.