Retail Sales in Turkey decreased 0.60 percent in December of 2018 over the previous month. Retail Sales MoM in Turkey averaged 0.61 percent from 2005 until 2018, reaching an all time high of 5 percent in March of 2006 and a record low of -7.30 percent in December of 2008.
Retail Sales MoM in Turkey is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Turkey to stand at 0.60 in 12 months time. In the long-term, the Turkey Retail Sales MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.