Turkey Consumer Spending - Forecast

Consumer Spending in Turkey is expected to be 251000000.00 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 236000000.00 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 Spending
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Turkey Consumer Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Confidence 71.9 71.6 72.8 74.7 75 82.5
Retail Sales MoM 0.5 0.6 -0.4 0.7 0.3 0.4
Retail Sales YoY 7.4 5.8 5.9 4.9 4.5 2.5
Consumer Spending 283428568 264892341 285094549 300150854 255762352 325576633
Private Sector Credit 1800638614 1794000000 1846000000 1914000000 1982000000 2781000000
Consumer Credit 509770184 526000000 541000000 559000000 568000000 651000000
Gasoline Prices 1.51 1.47 1.39 1.31 1.23 0.86
Households Debt To Gdp 17.3 18 18 18 22 25
Economic Optimism Index 98.3 104 105 103 104 102