Turkey’s retail trade decreased 3.8% year-on-year in March of 2019, following a 4.9% fall in the previous month. It was the smallest drop in retail trade since September of 2018. Sales declined less for food, drinks & tobacco (-0.6% from -1.4% in February) and non-food products (-5.4% from -7.9%), while sales decreased further for automotive fuel (-4.1% from -2%). Within non-food products, sales fell less for computers, peripheral units and software, books, telecommunications equipment, etc. (-10.9% from -14.2%) and audio and video equipment, hardware, paints and glass, electrical household appliances, furniture, etc. (-13.5% from -18.5%); and sales rose faster for textiles, clothing and footwear (6.3% from 4.4%) and via mail orders and internet (23.7% from 22.2%). By contrast, sales went down for pharmaceutical goods, medical and orthopedic goods, cosmetic and toilet articles (-0.1% from 2.5%). On a monthly basis, retail sales surged 1%, up from a 0.8% gain in February. Retail Sales YoY in Turkey averaged 6.09 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
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Calendar GMT Actual Previous Consensus TEForecast
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 -3.8% -4.9% -3.6%
2019-06-18 07:00 AM Retail Sales YoY -3.8% -2.7%
2019-07-17 07:00 AM Retail Sales YoY
2019-08-19 07:00 AM Retail Sales YoY 1.5%


Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 55.30 63.50 98.68 55.30 Index Points [+]
Retail Sales MoM 1.00 0.80 5.00 -7.30 percent [+]
Retail Sales YoY -3.80 -4.90 24.70 -8.80 percent [+]
Consumer Spending 236727780.80 257299893.30 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 2004855030.00 1978581988.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 525862937.00 521473235.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.17 1.20 2.68 0.56 USD/Liter [+]
Households Debt To GDP 14.80 15.60 19.60 0.10 percent of GDP [+]
Economic Optimism Index 77.50 84.70 114.90 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -4.90 24.70 -8.80 2006 - 2019 percent Monthly
WDA, 2015=100




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