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4.5.2 Income dynamics
4.5.3 Retail sector dynamics
Turkey: Consumption indicators
%, y/y
Q1-20 Q2 Q3 Q4 2020 Q1-21 Apr May Jun Q2
Official GDP Growth (y/y)
4.5 -10.3 6.3 5.9 1.8 7.0
Electricity Consumption (y/y)
3.3
-11.5
3.6
4.5
0.2
5.7
33.8
26.9
18.0
25.8
Private Consumption (≈60% of GDP)
6.3
-16.5
7.3
10.3
2.0
11.7
Retail Sales Index
7.5
-11.2
9.5
8.5
3.8
9.0
42.5
26.1
Vehicle Sales
40.6
21.6
178.0
41.2
61.3
59.7
132.4
69.8
12.5
51.2
Home Sales
33.0
13.8
49.2
-30.0
11.2
-22.9
124.1
16.2
-29.1
2.1
White goods sales
11.2
-1.2
33.1
27.2
16.7
39.7
53.6
10.7
-4.9
16.2
Foreign Tourist Arrivals
-22.1
-97.9
-73.0
-62.0
-71.7
-53.9
3,162.2
3,038.8
853.4
1,304.0
26 TURKEY Country Report August 2021 www.intellinews.com
