Cushman & Wakefield: Turkey Retail Snapshot (Q3, 2019)

According to the shopping center retail data provided by AYD/Akademetre, the turnover index has increased by 7.8% y-o-y in August 2019, almost half of the inflation rose by 15.01% level on the same period, considering the holiday season that has been preferred to spend out of the city. The highest rise was recorded in the food & beverage category sales with 17.8% in August 2019, while shoes category sales has come in second, decreased to 15.6% comparing to highest rise in all categories by 22.5% recorded in July 2019, whereas both categories were recorded above the indicated inflation. Meanwhile, in August 2019, the footfall index has decreased by 2.7% y-o-y, however it has been recorded on the same level comparing to the previous quarter. 

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Cushman & Wakefield: Turkey Retail Snapshot (Q3, 2019)

Published By: Cushman & Wakefield
October 2019

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