Economic confidence in Turkey climbed to the highest level in 14 months, the Turkish Statistical Institute reported on Wednesday.
Sentiment in the economy improved to 98.9 points in March from 95.8 points the previous month, the institute said on its website. Any reading above 100 points reflects optimism.
The index stood at 94.8 points in March last year, just prior to a slump caused by the outbreak of the COVID-19 pandemic.
The increase in confidence stemmed from better sentiment among consumers and manufacturers, as well as in the services and retail industries, the institute said. Confidence among constructors fell.