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Consumer Goods and Retail Report Turkey 3rd Quarter Product Image

Consumer Goods and Retail Report Turkey 3rd Quarter

  • ID: 2138501
  • September 2013
  • Region: Turkey
  • 16 Pages
  • The Economist Intelligence Unit

The Turkish retail sector rebounded strongly from the 2008-09 recession, but after two years of robust growth in 2010-11, the outlook has become less favourable as consumer confidence has deteriorated, credit growth eased and the Turkish lira has fallen sharply in value, which will dampen demand for imported consumer goods.

The Economist Intelligence Unit's baseline forecast is that a moderate pick-up in consumer demand over the first quarter of 2013 will be sustained during the remainder of this year and beyond. However, the downside risks to this forecast have increased owing to a combination of global financial and domestic political developments.

A shift in global risk perceptions since mid-May 2013 could push interest rates higher. This, combined with mass anti-government protests in many cities during the first half of June followed by a clampdown on the organisers in the months that followed, may dampen consumer confidence, which could disrupt a recovery.

Industry List: Consumer Goods, Consumer Goods, Food and drink, Consumer Goods, Non-food products, Consumer Goods, Retail
Industry Codes (NAIC): 44
Industry Codes (SIC): 53

Consumer Goods and Retail Report Turkey 3rd Quarter

Consumer goods and retail report

Consumer goods and retail report: Overview

Consumer goods and retail report: Retail

Consumer goods and retail report: Food and drink

Consumer goods and retail report: Non-food products

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