HOME TURNOVER INDEX IN TURKEY

HOME TURNOVER INDEX IN TURKEY

HOME TURNOVER INDEX IN TURKEY - www.istanbul-estate.com

WHAT IS TURNOVER: Turnover includes total sales invoiced by the monitoring unit during the reference period and corresponds to market sales of goods sold and / or services provided to third parties; VAT-SCT is excluded. The value of discounts, premiums, rebates and discounts are deducted from the turnover.

Turnover Indices Increased by 9%

Turkey Statistical Institute (TUIK) announced the Turnover Index data in October 2019. According to the announcement, the calendar-adjusted turnover index in the industry, construction, trade, real estate and services sectors increased by 9 percent compared to the same month of the previous year. Seasonal and calendar adjusted total turnover index increased by 0.5 percent compared to the previous month.

  • TURNOVER IN INDUSTRY SECTOR:

In October 2019, it increased by 2.9% compared to the same month of the previous year. Seasonal and calendar adjusted industrial turnover index has increased by 0.5% compared to the previous month. The revival in the manufacturing industry is behind the total turnover increase in the industry.

  • CONSTRUCTION SECTOR:

In October 2019, it decreased by 19% compared to the same month of the previous year. Seasonal and calendar adjusted construction turnover index decreased by 0.2% compared to the previous month.

  • TRADE SECTOR:

In October 2019, it increased by 17.7% compared to the same month of the previous year. Seasonal and calendar adjusted trade turnover index  decreased by 0.2% compared to the previous month.

  • SERVICE SECTOR:

In October 2019, it increased by 12.2% compared to the same month of the previous year. Seasonal and calendar adjusted services turnover index increased by 2.9 percent compared to the previous month.

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