Ipsos, (Marketing and Research Global Expert) compiled the findings of the research on economic expectations conducted with 29 countries in the Online Panel system in October 2023.
According to the research, participants stated that household income and purchasing power decreased significantly, while prices also increased. “Our household income decreased” It was observed that there was an upward increase in the rate of those who said. According to the research, the biggest problem in the country was the economy.
Türkiye RANKS 5TH
According to Ipsos’ research, Turkey ranked last among 29 countries in the consumer confidence index. According to the announced data, the consumer confidence index in Turkey increased by 2.5 percent compared to September and reached 34.5 percent. The average consumer confidence index of 29 countries is 47.2 percent.
Research conducted Türkiye ranks 5th among 29 countries in terms of inflation took place.
THE MOST IMPORTANT PROBLEM IS THE ECONOMY
“What is Turkey’s most important problem?” While 87 percent of the participants answered the question “economy”, 5 percent answered “immigrant”.
Regarding satisfaction with the Turkish economy, 76 percent of the participants said it was “bad”, 18 percent said it was “neither good nor bad”, and 3 percent said it was “good”.
Regarding the expectations for Turkey’s economy, 73 percent of the participants stated that inflation would increase, 16 percent stated that it would remain the same, and 11 percent stated that it would decrease.
PARTICIPANTS: PURCHASING POWER HAS DECREASED
“What do you think unemployment will be like in the remaining months of this year?” To the question, 67 percent of the participants said it would increase, 20 percent said it would remain the same, and 13 percent said it would decrease.
“When you think about the last 12 months, which of the following statements about your household income best describes your situation?” To the question, 52 percent of the participants answered “my household income decreased”, 34 percent answered “it did not change much”, and 11 percent answered “our household income increased”.
“When you think about the last month, which of the following statements best describes your purchasing power?” 76 percent of the participants answered the question “my purchasing power has decreased”, 17 percent answered “my purchasing power has not changed”, and 4 percent answered “my purchasing power has increased”.