Turkey Consumer Spending  Forecast


Turkey Consumer Spending
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Consumer Spending in Turkey is expected to be 269000000.00 TRY THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Turkey to stand at 254034383.17 in 12 months time. In the long-term, the Turkey Consumer Spending is projected to trend around 288000000.00 TRY THO in 2020, according to our econometric models.


Turkey Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 65.2 74.6 76.8 78.4 70.64 87.9
Retail Sales MoM 0.1 0.8 -0.3 0.5 0.84 0.4
Retail Sales YoY 2.4 -0.4 0.5 1 6.06 2.3
Consumer Spending 270280414 269000000 236875492 247425751 254034383 288000000
Private Sector Credit 1689477519 1485000000 1689126477 1704980444 1716816874 1783000000
Consumer Credit 480379243 454000000 518632882 536641893 553081856 603000000
Households Debt To Gdp 17.5 17.2 17.3 17.6 16.71 25
Gasoline Prices 1.45 1.43 1.41 1.42 1.41 1.56
Economic Optimism Index 97.9 98.5 102 104 99.32 102