Turkey’s economic confidence index advanced to a 17-month high in December, according to official data on Monday.

The figure hit 93.8 this month, while it was 95.1 in July last year, the Turkish Statistical Institute (TurkStat) data showed.

Confidence in Turkey’s economy climbed 2.6% month-on-month in December, TurkStat said.

The rise was driven by improvements in the construction, real sector, services and retail trade confidence indices.

The sub-index for construction showed the best performance with surging 7.9% on a monthly basis.

It was followed by the real sector and services confidence indices with 2.6% and 2%, respectively.

Read more: Turkish economic confidence hits 17-month high