Consumer Goods and Retail Report Turkey 3rd Quarter
The Economist Intelligence Unit, September 2012, Pages: 17
The Turkish retail sector rebounded strongly from the 2008-09 recession. However, since the end of 2011 consumer demand has moderated as credit growth has eased. The Economist Intelligence Unit expects consumer demand growth in 2012-13 to be substantially weaker than in 2010-11.
We also expect a weaker lira to dampen demand for imported consumer goods. Assuming that the recent stabilisation of the lira continues and consumer confidence improves, consumer demand growth should start to strengthen from 2013.
The medium- and longer-term outlook for Turkey's retail sector is positive, given projected growth in incomes and demographic trends. Total population is expected to rise from about 74m in 2011, with a low average age of 29, to 77.3m in 2016.
Industry List: Consumer Goods, Consumer Goods, Consumer products, Retail trade, Consumer Goods, Food, beverages and tobacco, Retail trade, Consumer Goods, Retail trade, Consumer Goods, Retail trade, Retailing
Industry Codes (NAIC): 44
Industry Codes (SIC): 53;53;59
Consumer Goods and Retail Report Turkey 3rd Quarter
Market data at a glance
Consumer goods and retail report
Consumer goods and retail report: Overview
Consumer goods and retail report: Retailing
Consumer goods and retail report: Food, beverages and tobacco
Consumer goods and retail report: Other consumer products
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