/Financial services confidence index fell
Financial services confidence index fell

Financial services confidence index fell

Finansal hizmetler güven endeksi geriledi | Ekonomi Haberleri

In December 2021, financial services confidence index decreased by 2.5 points compared to the previous month and became 171.9.

The Central Bank of the Republic of Turkey (CBRT) announced its December financial services confidence index data. Accordingly, in December 2021, the financial services confidence index (FHGE) decreased by 2.5 points compared to the previous month and became 171.9. When the diffusion indices of the survey questions that make up the index are analyzed, it is seen that the demand for services in the last three months has affected FHGE in an upward direction, while the business situation in the last three months and the expectation of demand for services in the next three months have affected FHGE in a downward direction.

According to the evaluations regarding the business situation and the demand for services, it has been observed that the evaluations that there has been an improvement in the business situation in the last three months and the expectations for an increase in the demand for services in the next three months have weakened compared to the previous month. It has been observed that the evaluations that there has been an increase in the demand for services in the last three months have strengthened.

##$HABER_1472607$##

According to the evaluations regarding employment, the trend in favor of those who reported an increase in employment in the last three months and those who expect an increase in employment in the next three months.

In December 2021, when the confidence indices in the “Finance and Insurance Activities” sector according to the NACE Rev.2 sector classification are evaluated by sub-sectors, “66-Financial Services and Insurance Activities” While it is seen that there was an increase of 26.1 points in the “Ancillary Activities for Financial Services” sector compared to the previous month, “65-Insurance, Reinsurance and Pension Funds (excluding compulsory social security services)” and “64-Financial Services Activities (excluding insurance and pension funds)” sectors. It was observed that there was a decrease of 20.2 and 2.0 points, respectively.

Labels

FHGE

  • Financial Services Confidence Index
  • Finance and Insurance Activities
  • Read More