Turkey’s retail trade decreased 4.9 percent year-on-year in February 2019, following a downwardly revised 6.3 percent fall in the previous month. Sales dropped less for food, drinks & tobacco (-1 percent from -2.6 percent in January); automotive fuel (-1.7 percent from -2.2 percent); and non-food products (-8.2 percent from -10 percent), namely computers, books, telecommunication equipment (-14.6 percent from -16.8 percent), audio & video equipment, hardware, paints & glass, and electrical household appliances, (-18.7 percent from -23.1 percent), and textiles, clothing & footwear (4.3 percent from 1.9 percent). Meanwhile, sales rose at a softer pace for pharmaceutical goods, and medical goods & cosmetics (2.4 percent from 2.6 percent); and via mail orders & internet (22 percent from 23.9 percent). On a monthly basis, retail sales went up 0.8 percent, after an upwardly revised 1.4 percent gain in January. Retail Sales YoY in Turkey averaged 6.18 percent from 2006 until 2019, reaching an all time high of 24.70 percent in December of 2010 and a record low of -8.80 percent in December of 2018.

Retail Sales YoY in Turkey is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Turkey to stand at 2.30 in 12 months time. In the long-term, the Turkey Retail Sales YoY is projected to trend around 3.20 percent in 2020, according to our econometric models.

Turkey Retail Sales YoY
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-01-15 07:00 AM Retail Sales YoY -6.3% -7.4% -6.2%
2019-02-15 07:00 AM Retail Sales YoY -9.2% -6.0% -2.7%
2019-03-15 07:00 AM Retail Sales YoY -6.7% -8.8% -8.4%
2019-04-16 07:00 AM Retail Sales YoY -4.9% -6.3% -5.8%
2019-05-15 07:00 AM Retail Sales YoY -4.9% 0.5%
2019-06-18 07:00 AM Retail Sales YoY
2019-07-17 07:00 AM Retail Sales YoY


Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 59.40 57.80 98.68 55.66 Index Points [+]
Retail Sales MoM 0.80 1.40 5.00 -7.30 percent [+]
Retail Sales YoY -4.90 -6.30 24.70 -8.80 percent [+]
Consumer Spending 257299893.30 269714419.80 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 1907527803.00 1875403669.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 519121689.00 509243315.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.27 1.22 2.68 0.56 USD/Liter [+]
Households Debt To GDP 15.60 16.40 19.60 0.10 percent of GDP [+]
Economic Optimism Index 81.90 79.40 114.90 60.80 Index points [+]


Turkey Retail Sales YoY

In Turkey, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Turkey Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.90 -6.30 24.70 -8.80 2006 - 2019 percent Monthly
WDA, 2015=100




Related

Latest