The fall in feeling in September was driven by a declining view on households ' financial position in the year ahead as well as overall economic situation in the 12 months ahead. The latter clearly contradicts market observers ' perceptions that Turkey's worst economic crisis has ended.

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Note: Consumer Confidence Index. Values above 100 indicate an optimistic outlook while values below 100 indicate a pessimistic outlook.
Source: Turkish Statistical Institute (TurkStat).

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Therefore, consumers expect poverty to increase in the coming year, related to worsening economic situation views. On the other hand, Turkish savings were virtually unchanged from the previous month

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