Turkey’s Lifestyles in 2017 Amidst Political and Economic Uncertainty Datagraphic
Turkey Lifestyle in 2017 has changed because of the political and economic uncertainty in the country. Below shows population, Old-Age dependency ratio, and other key findings.
Recent political and economic uncertainty have dampened disposable income growth as well as consumer spending, which declined between 2015 and 2016. Regardless, the county’s dynamic cohort of younger consumers is expected to fuel spending growth in coming years, helped by greater access to consumer credit. Security concerns are keeping many consumers away from high-traffic shopping venues but boosting online shopping. Rising electricity prices are putting pressure on household budgets.