Citizens' concern of economic crisis increased

Citizens concern of economic crisis increased
Date: 10.1.2019 16:00

The rising dollar from the spring months saw the peak of its history in the summer, and the concern of the citizen's economic crisis increased.

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In 2018, the first half of the economy became the most important problem in the eyes of the citizens. The Turkey Barometer conducted every year by Ipsos New Year's Special Report of the economic crisis has increased citizens' concerns, according to 2018 results. Spring dry rising dollar since the summer, with the sudden rise experienced in the history of the summit While the foreign currency exchange rate of the economy seen as the most important problem of Turkey rose to 59 percent.
In the study "The state of the economy in general in Turkey next year, how do you think?" To the question "gets worse" at the end of 2017 while the rate of those 20 percent to 35 percent this year. The ratio of those who said that family economy would be worse increased from 29 percent to 31 percent.
One third of consumers stated that their purchasing power decreased significantly, while 20 percent said they would try to do additional work. While the need for overtime and additional work doubles compared to the past, research has shown that 37 percent of consumers will control their spending more. 24.7 percent of expenditures are rent and housing expenses.
2019 will be the year of struggle
IPSOS Turkey CEO Sidar Gedik, "2019 would be the year to fight for the whole community. However, it can be said that past traces put the consumer in expectation of crisis. We anticipate that the projections of the expectations will begin to be felt in the second quarter," he said.


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