Retail Sales MoM in Turkey is expected to be -0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Turkey to stand at -0.60 in 12 months time. In the long-term, the Turkey Retail Sales MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 57.3 52.7 55.1 57.6 59.5 82.5
Retail Sales MoM 0.4 -0.7 -0.3 0.7 -0.6 0.4
Retail Sales YoY 1.3 1.5 1.7 2.5 3.4 2.7
Consumer Spending 262057700 279602176 244853860 258126835 265202393 294012872
Private Sector Credit 2054464804 1914000000 1982000000 1993000000 2005000000 2081000000
Consumer Credit 521319974 559000000 568000000 575000000 586000000 651000000
Gasoline Prices 1.27 1.25 1.23 1.2 1.18 1.1
Households Debt To GDP 16.6 18 22 22 22 25
Economic Optimism Index 67.5 82 84.1 87.6 91.5 100