Retail sales in Turkey rose by 20.8 percent year-on-year in May of 2022, accelerating from an upwardly revised 15 percent gain in the prior month. It was the sharpest gain in retail sales since May 2021 as sales rebounded for food, drinks, and tobacco rebounded (5.1 percent vs. -0.8 percent in April) and fuel (10.9 percent vs. -2.6 percent), while those advanced faster for non-food products (34.3 percent vs. 31.8 percent). On a seasonally adjusted monthly basis, retail sales increased by 1.9 percent in May, following a revised 2.9 percent gain in the previous month. source: Turkish Statistical Institute

Retail Sales YoY in Turkey averaged 6.62 percent from 2006 until 2022, reaching an all time high of 43.10 percent in April of 2021 and a record low of -20 percent in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Retail Sales YoY in Turkey is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Retail Sales YoY is projected to trend around 6.50 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Turkey Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-06-13 07:00 AM Apr 14.7% 2.7% 0.5%
2022-07-14 07:00 AM May 20.8% 15.0% 6.2%
2022-08-12 07:00 AM Jun 20.8% 14.5%


Related Last Previous Unit Reference
Consumer Confidence 68.00 63.40 points Jul 2022
Retail Sales MoM 1.90 2.30 percent May 2022
Retail Sales YoY 20.80 15.00 percent May 2022
Consumer Spending 309765624.30 363070054.60 TRY THO Mar 2022
Economic Optimism Index 93.40 93.60 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
20.80 15.00 43.10 -20.00 2006 - 2022 percent Monthly
WDA, 2015=100

News Stream
Turkey Retail Sales Jump Most in A Year
Retail sales in Turkey rose by 20.8 percent year-on-year in May of 2022, accelerating from an upwardly revised 15 percent gain in the prior month. It was the sharpest gain in retail sales since May 2021 as sales rebounded for food, drinks, and tobacco rebounded (5.1 percent vs. -0.8 percent in April) and fuel (10.9 percent vs. -2.6 percent), while those advanced faster for non-food products (34.3 percent vs. 31.8 percent). On a seasonally adjusted monthly basis, retail sales increased by 1.9 percent in May, following a revised 2.9 percent gain in the previous month.
2022-07-14
Turkety Retail Sales Growth at 6-Month High
Retail sales in Turkey jumped by 14.7 percent year-on-year in April of 2022, the most since October last year, accelerating sharply from an upwardly revised 2.7 percent gain in the prior month, boosted by a sharp rise in sales of non-food products (31.3 percent vs 5.7 percent in March). Meanwhile, sales continued to decline for fuel (-2.8 percent vs -12 percent) and fell sharply for food, drinks, and tobacco (-1.1 percent vs 7 percent). On a seasonally adjusted monthly basis, retail sales increased by 2.1 percent, following an upwardly revised 0.7 percent gain in the previous month.
2022-06-13
Turkish Retail Sales Slow in March
Retail sales in Turkey rose by 2.5 percent year-on-year in March of 2022, slowing from an upwardly revised 6.5 percent gain in the prior month. Sales slowed further for non-food products (5.7 percent vs 12.9 percent in February) while those declined sharply for fuel (-12.4 percent vs -0.3 percent). On the other hand, sales of food, drinks, and tobacco rebounded (6.4 percent vs -0.4 percent). On a seasonally adjusted monthly basis, retail sales increased by 0.3 percent in March, following a 0.5 percent gain in the previous month.
2022-05-13