Retail sales in Turkey grew by 16.3 percent year-on-year in November of 2021, faster than an upwardly revised 15.5 percent increase in the prior month, which was the weakest figure since July. Sales rose at a faster pace for both food, drinks, and tobacco (8.8 percent vs 5.2 percent in October), and non-food products (25.7 percent vs 24.8 percent). In the meantime, fuel trade growth slowed sharply (1.0 percent vs 6.3 percent). On a seasonally adjusted monthly basis, retail sales increased by 1.3 percent in November, after an upwardly revised 1.1 percent gain in October. source: Turkish Statistical Institute

Retail Sales YoY in Turkey averaged 6.46 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 January of 2022.

Retail Sales YoY in Turkey is expected to be 5.20 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 2023 and 4.50 percent in 2024, according to our econometric models.

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Turkey Retail Sales YoY


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
16.30 15.50 42.70 -20.00 2006 - 2021 percent Monthly
WDA, 2015=100

Calendar GMT Actual Previous Consensus TEForecast
2021-12-13 07:00 AM Oct 15.2% 17.2% 11.5%
2022-01-13 07:00 AM Nov 16.3% 15.5% 9.8%
2022-02-11 07:00 AM Dec 16.3% 22.1%


Related Last Previous Unit Reference
Consumer Confidence 73.20 68.90 points Jan/22
Retail Sales MoM 1.30 1.10 percent Nov/21
Retail Sales YoY 16.30 15.50 percent Nov/21
Consumer Spending 324116167.30 282823432.80 TRY THO Sep/21
Economic Optimism Index 100.80 98.20 points Jan/22


News Stream
Turkey Retail Sales Growth Accelerates
Retail sales in Turkey grew by 16.3 percent year-on-year in November of 2021, faster than an upwardly revised 15.5 percent increase in the prior month, which was the weakest figure since July. Sales rose at a faster pace for both food, drinks, and tobacco (8.8 percent vs 5.2 percent in October), and non-food products (25.7 percent vs 24.8 percent). In the meantime, fuel trade growth slowed sharply (1.0 percent vs 6.3 percent). On a seasonally adjusted monthly basis, retail sales increased by 1.3 percent in November, after an upwardly revised 1.1 percent gain in October.
2022-01-13
Turkish Retail Sales Growth at 3-Month Low
Retail sales in Turkey grew by 15.2 percent year-on-year in October of 2021, slowing from an upwardly revised 17.2 percent gain in the prior month. This was the softest increase in retail trade since July, as sales growth moderated for all components: food, drinks, and tobacco (4.8 percent vs 7.8 percent in September), non-food products (24.5 percent vs 25.3 percent), and automotive fuel (6.6 percent vs 9.9 percent). On a seasonally adjusted monthly basis, retail sales increased by 0.9 percent in October, after an upwardly revised 1.8 percent gain in September.
2021-12-13
Turkish Retail Sales Growth Unchanged in September
Retail sales in Turkey grew 15.9 percent year-on-year in September of 2021, unchanged from an upwardly revised figure in August. Sales increased softer for non-food products (24.2 percent vs 24.3 percent in August) and food, drinks and tobacco (6.7 percent vs 7.9 percent, while those of automotive fuel advanced faster (7.4 percent vs 7.0 percent). On a seasonally adjusted monthly basis, retail sales rose 1.2 percent, after an upwardly revised 0.9 percent gain in the prior month.
2021-11-12