Turkish Economic Confidence Grows for November

Turkey's economic confidence increased in November, according to official data. The Turkish Statistical Institute reported a 1.3% rise compared to the previous month. This growth signals improved optimism among businesses and consumers. The positive trend was broad, with all five sectors that make up the index showing gains. The index combines sub-indexes for the real sector, services, retail trade, construction, and consumer confidence. A higher reading indicates a more optimistic outlook for the general economy.