The Export Demand Index surpassed the 100 level in February with a 0.4% increase, going above the long-term average. The Turkish Exporters Assembly (TIM) shared the results of the Export Market Monitor for February, which tracks the conditions creating demand in key markets and the demand and risks in the global economy. The Export Demand Index, which tracks the demand conditions for exported products through the markets where exports are made, using key macroeconomic indicators and leading macroeconomic indicators, showed no change on a monthly basis in February. It increased by 0.4% compared to the same month last year, reaching 100.2, going above the long-term average. Despite the declines in unemployment, job confidence, industrial production, and inflation in February, the rise in consumer confidence brought the demand index to the long-term average. Utilizing long and short-term social, economic, and political indicators to measure the resilience of export markets towards risks, the TIM Market Resilience Index increased by 0.4% on a monthly basis in February, rising by 1.1% compared to the same month last year to reach 100.2. The limited decrease in global geopolitical risks and the maintenance of the long-term average of the export demand index positively affected the resilience across export markets, bringing the index to the long-term average.
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