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4.5.2 Income dynamics
4.5.3 Retail sector dynamics
Revenue at shopping centres in Turkey rose by 3.5% y/y in September, the Council of Shopping Centres – Turkey and Akademetre Research said in a report published on November 5. Inflation was reported at an annual 9.3% during the month, meaning spending in real terms fell, just as it has for the past year.
5.0 External Sector & Trade 5.1 External sector overview
TURKEY -Trade (USD mn)
2013
2014
2015
2016
2017
2018
Q1/19
H1
Jan-Sep
Balance on goods & services
-56,299
-36,918
-23,900
-25,629
-39,017
-16,085
324
2,974
11,850
(% of GDP)
-5.92
-3.95
-2.78
-2.97
-4.58
-2.12
-
-
-
Goods exports (BoP)
161,789
168,926
151,970
150,161
166,159
174,599
44,817
89,078
133,962
36 TURKEY Country Report December 2019 www.intellinews.com