Retail sales in Turkey grew 15 percent year-on-year in August of 2021, following an upwardly revised 13.2 percent rise in July. Sales increased faster for food, drinks and tobacco (7.3 percent vs 5.9 percent in July) and non-food products (23.4 percent vs 19.2 percent). Meanwhile, those of automotive fuel eased (6 percent vs 9.2 percent). On a seasonally adjusted monthly basis, retail sales went up 0.3 percent, after an upwardly revised 1.2 percent increase in the prior month. source: Turkish Statistical Institute
Retail Sales YoY in Turkey averaged 6.24 percent from 2006 until 2021, reaching an all time high of 42.70 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 October of 2021.
Retail Sales YoY in Turkey is expected to be 6.20 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 3.80 percent in 2022 and 4.50 percent in 2023, according to our econometric models.