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As Turkey's consumer confidence plummets, what does that mean for the AKP?

Turkey’s consumer confidence index — a key indicator that is closely correlated with the AKP’s electoral showings — is on the decline, signaling further losses for the party in the Nov. 1 early elections.

Kadri Gürsel
Kadri Gürsel
Aug 31, 2015
A woman sits at a money exchange office in central Istanbul, Turkey, June 8, 2015. The Turkish lira traded near a record lows on Monday as nervous investors reacted to the prospects of a minority or coalition government after the ruling AK Party failed to win a majority in a parliamentary election. The lira, already one of the worst performing emerging market currencies this year, hit a record low in out-of-hours trade on Sunday, after results showed the AKP had taken just short of 41 percent of the vote.
A woman sits at a money exchange office in central Istanbul, June 8, 2015. — REUTERS/Murad Sezer

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