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World

Turkish consumer confidence rises to 63.5 points in April

Published Updated

ISTANBUL: Turkey's consumer confidence rose to 63.5 points in April from 59.4 points in March, data from the Turkish Statistics Institute showed on Monday.

The consumer confidence index hit 57.6 points in October, its lowest in almost 10 years. The current level of confidence reflects a pessimistic outlook and would need to rise above 100 to indicate optimism.

Copyright Reuters, 2019

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