According to the August results of the Turkish Exporters Assembly (TIM) Export Market Monitor (IPC), the Export Demand Index was 99.9 points and the Market Endurance Index was 99.5 points.
In the statement made by TİM ⁇ , the August results of the Export Market Monitor, where the conditions that create demand in important markets and the demands and risks in the global economy are monitored, were shared.
Accordingly, in August there was an increase in the Export Demand Index compared to the previous month and the same period last year, and a decrease in the Market Endurance Index compared to the previous month and the same period last year.
The Export Demand Index, which follows the demand conditions for exported products through the export markets, using basic macroeconomic indicators and leading macroeconomic indicators, increased by 0.4 percent on a monthly basis in August and became 99.9 percent compared to the same month of last year. Under the He watched it.
Despite the decline in industrial production in August, improvements in job and consumer confidence, the limited increase in unemployment rates, brought the demand index closer to the long-term average.
Uncertainties in global economic conditions and high interest rates continue to weigh on the improvement in the index, while negatively impacting consumer spending and investment appetite.
Market Endurance Index was 99.5
The Market Resilience Index, which measures the resilience of export markets against risks by taking advantage of long and short-term social, economic and political indicators, decreased by 0.3 percent on a monthly basis in August and became 99.5 percent compared to the same month of last year.
Despite the partial improvement in the export demand index, the decline in the global geopolitical risk index negatively affected the resilience across the export markets and pushed the index away from the long-term average.
