The recent re-introduction of weekend curfews and the announced four-day new year lockdown suggest that the struggles of the retail sector will continue into 2021. And despite the improving outlook for consumer spending and tourism, we think that weakness in the lira will hold back the recovery in Istanbul retail rents.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services