Real estate confidence index down



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The Real Industry Confidence Index (RKGE) decreased by 1.9 points to 102.7 in July 2018, compared with the previous month. Central Bank of the Republic of Turkey (CBRT), in July 2018. Economic orientation statistics and real sector confidence index (RKG) announced. According to this, in July 2018, RKGE decreased by 1.9 point from the previous month and reached 102.7. When the spread indices of the survey questions constituting the index are examined, the production volume index for the next three months will increase in the direction of increase while the total amount of order in the last three months, current stock of finished products,

LEVEL OF REVENUES FROM MEASUREMENT OF INDEX OF ACTUAL CONSUMPTION (RKGE-MA) REDUCED 1.0 POINTS IN PREVIOUS ANNOUNCEMENT [19659002] The results of the July 2018 economic trends survey were obtained by weighting and aggregating the responses of 2,088 workplaces operating in the manufacturing industry. The Real Seasonally Adjusted Real Sector Confidence Index (RKGE-MA) decreased by 1.0 point from the previous month to 101.5 points. In the last three months estimates, the increase in production volume and the increase in the volume of export orders were lower than the previous month, while the increase in Domestic order volume was favored by those who reported the decline.

EXPECTED EXPECTATION OF THE ORDER OF THE ORDER OF THE AMOUNT OF WEAKNESSES

In the evaluations for the next three months, we see that the volume of production and the internal price of products rising expectations about the volume of orders in the market have strengthened, while forecasts of increased volume of orders to export have weakened. Increased expectations for capital investment spending for the next twelve months and the increase in employment for the next three months have also decreased. Average unit costs have risen over the past three months and have continued to rise in favor of those expecting to increase over the next three months. It has been found that the expected increase in selling prices for the next three months is weakened. At the end of the next twelve months, the FED's annual forecast increased 1.5 percentage points to 15.2% from the previous month

WHEREAS 51.1% OF WORKERS HAVE A RESTRICTED FACTOR

16, 1% said that the inadequacy of demand was the most important factor limiting production, followed by inadequate raw materials and equipment, financial difficulties, shortage of hand-in-hand work and other factors.

GENERAL DEVELOPMENT IN INDUSTRY

When evaluating the last three months of the power of competition, the power of competition in the domestic market has favored those who reported a decrease in the previous quarter, in favor of those who reported an increase in the previous period. With regard to the competitiveness of foreign markets, we find that valuations that have not changed in the previous period have allowed their positions to decline. The rate of those who say they are more optimistic compared to the previous month and the rate of those who say they are pessimistic decrease respectively to 23.2% and 70.3%, indicating the same trend.

(IHA)

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