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23 Oct 2019, Gergana Bencheva, EMIS Editor

Turkey’s white goods sales rise 1% y/y in Sept

Turkey's combined sales of white goods rose by 1% on an annual basis to 507,855 units for September 2019, bne Intellinews reported referring to data provided by business group TURKSBED. The numbers relate to the four main white goods appliances, namely refrigerators, ovens, washing machines and dish washers.

Sales are also expected to gain further traction by the end of the year. The association explained the positive trend with the government's decision to temporarily eliminate VAT on white goods.

Yet, between January and September, the segment’s sales tumbled by 11% on the year to 4.45 million units. Over the nine-month period, the industry's exports rose by 1% year-on-year to 16 million units, bne Intellinews noted.

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Original source: bne Intellinews