Turkish consumer confidence fell to 65.2 points in November, the lowest level this year and down from 67.3 points a month earlier, data from the Turkish Statistics Institute (TÜİK) showed on Nov. 22.
The current level of confidence reflects a pessimistic outlook. A level above 100 indicates optimism.
The last time the index - which is calculated from the results of the consumer tendency survey carried out jointly by the TÜİK and the Central Bank - saw such a low level was back in December 2016.
The consumer confidence index reached its highest level this year in May, hitting 72.8 after a gradual increase month by month from February.
However, consumer morale has been steadily decreasing since August.
