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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Consumer Confidence climbed to 85.8% in May 2026
FMPMonthlyReleased May 2026
Turkey Consumer Confidence climbed to 85.8% in May 2026, up 0.3% from April's 85.5% reading. The reading matched the 86.0% consensus. Consumer Confidence has now risen for 3 consecutive months. Over the past 3 months, Consumer Confidence averaged 85.4%, vs 84.25% in the prior 3-month window. Consumer Confidence is now the highest in 13 months.
Latest Release
85.8
Actual
86
Consensus
85.5
Previous
Median Absolute Error
±0.97 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 86.88
Actual: 85.8
Error: +1.08
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▼ Inverse | −0.60 | FOREX | Bearish EUR | → View |
| BTC/USD | ▼ Inverse | −0.38 | CRYPTO | Bearish BTC | → View |
| USD/TRY | ▼ Inverse | −0.26 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Turkey) was reported at 85.8% in May 2026. This missed the market consensus of 86% by 0.2%. The reading rose from the previous value of 85.5%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 84.54%, ranging from 83.5% to 85.8% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 85.5%, up from the prior three at 84.03%. Volatility over the past year (σ 0.85%) is lower than the prior year (σ 3.04%). In May readings over the past 3 years, Consumer Confidence has averaged 83.7%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.97%.
WHAT TO WATCH NEXT
The next release is scheduled for June 22, 2026. Same-country events in the next 14 days include Business Confidence (Jun 19) and Balance of Trade (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - TR
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About Consumer Confidence — Turkey
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 85.8 %, consensus 86 %. Prior reading (Apr 2026): 85.5 %. Before that (Mar 2026): 85 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/USD (Bearish EUR, r=-0.60) — a useful reference for forex-focused traders.