Page 38 - TURKRptFeb22

4.5.3 Retail sector dynamics
Turkey: Consumption indicators
%, y/y
Q1-20
Q2
Q3
Q4
2020
Q1-21
Q2
Jul
Aug
Sep
Q3
Oct
Nov
Dec
Q4
2021
Official GDP Growth (real, y/y)
4.4
-10.4
6.3
6.2
1.8
7.4
22.0
-
-
-
7.4
Electricity Consumption (y/y)
3.3
-11.5
3.6
4.5
0.2
5.7
25.8
11.7
17.9
4.9
11.6
7.5
8.4
10.2
9.1
12.4
PrivateConsumption(≈60%ofGDP)
4.9
-9.2
8.4
7.8
3.2
6.9
23.3
-
-
-
9.1
Retail Sales Index(unadjusted,y/y)
7.5
-11.2
9.5
8.5
3.8
9.0
27.7
9.3
18.3
17.2
14.9
14.1
17.8
Card payments (nominal lira, y/y)
15.9
-6.4
18.5
23.2
13.0
28.8
65.7
50.8
56.6
89.1
64.7
57.8
66.3
144.2
85.5
62.4
ENAG Inflation
-
-
-
-
-
-
-
-
-
44.7
44.7
49.9
58.7
82.8
82.8
82.8
Gasoline sales (m3, y/y)
4.2
-28.8
10.3
-4.1
-3.2
-2.5
43.2
30.9
22.7
25.8
26.5
46.4
42.8
98.1
59.2
30.8
Diesel fuel sales (m3, y/y)
4.0
-16.3
5.5
3.0
0.3
4.2
26.4
2.2
4.5
4.3
3.6
7.4
7.7
21.4
11.7
10.8
Autogas (LPG) sales (tonne, y/y)
2.4
-30.1
-3.4
-7.6
-8.6
-8.5
23.5
15.7
9.5
13.5
12.9
2.3
0.1
6.9
2.8
7.3
Vehicle Sales (unit, y/y)
40.6
21.6
178.0
41.2
61.3
59.7
51.2
-45.3
-5.0
36.9
-31.8
-40.1
-24.9
-40.3
-35.8
-4.6
Home Sales (unit, y/y)
33.0
13.8
49.2
-30.0
11.2
-22.9
2.1
-53.0
-17.0
7.6
-26.1
14.9
59.0
113.7
60.5
-0.5
White goods sales (unit, y/y)
11.2
-1.2
33.1
27.2
16.7
39.7
16.2
-31.0
-8.2
12.1
-11.1
-13.3
7.1
8.4
-0.5
9.2
Air passengers (person, y/y)
-19.1
-94.6
-62.1
-57.9
-60.9
-47.4
678.8
175.3
90.0
66.7
102.3
77.1
83.1
109.7
86.9
57.4
Foreign Tourist (person, y/y)
-22.1
-97.9
-73.0
-62.0
-71.7
-53.9
1,304.0
367.5
119.4
59.5
139.5
99.3
111.5
170.6
117.6
94.1
Passenger cars and light commercial vehicle (LCV) sales in Turkey declined by 13% y/y in January.
38 TURKEY Country Report February 2022 www.intellinews.com