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.

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Turkey Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-07-13 07:00 AM May 27% 42.5% 29.8%
2021-08-12 07:00 AM Jun 17.4% 27.6% 8.5%
2021-09-13 07:00 AM Jul 12.3% 18.1% 12.6%
2021-10-12 07:00 AM Aug 15% 13.2% 8.5%
2021-11-12 07:00 AM Sep 15% 6.9%
2021-12-13 07:00 AM Oct


News Stream
Turkey Retail Trade Rises Faster in August
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), mostly textiles, clothing and footwear (52.6 percent vs 38.2 percent) and computers, peripheral units and software, books, telecommunications equipment (16.9 percent vs 8.7 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.
2021-10-12
Turkish Retail Trade Growth at 5-Month Low
Retail sales in Turkey rose 12.3 percent year-on-year in July of 2021, following an upwardly revised 18.1 percent jump in June. It was the smallest increase in retail activity since February, as the low base effects from last year's pandemic lockdowns fade away. Sales grew less for food (5.2 percent vs 7.1 percent in June), non-food products (18.2 percent vs 27 percent) and automotive fuel (8.1 percent vs 11.6 percent). Meanwhile, online trade rose much faster (46.1 percent vs 42.8 percent). On a seasonally adjusted monthly basis, retail sales went up 0.7 percent, slowing sharply from an upwardly revised 15 percent growth in the previous month.
2021-09-13
Turkey Retail Trade Momentum Eases Further
Retail sales in Turkey advanced 17.4 percent year-on-year in June of 2021, following an upwardly revised jump of 27.6 percent in the previous month and compared with a 1.6 percent gain a year earlier. Trade in retail stores advanced the most for non-food products (26.0 percent vs 39.5 percent), namely textiles, clothing & footwear (54.1 percent vs 89.5 percent); pharmaceutical, medical & cosmetic goods (17.9 percent vs 19.6 percent); and computers, books & telecommunication equipment (13.1 percent vs 31.7 percent). In contrast, sales of food, drinks & tobacco rose much slower (6.6 percent vs 11.2 percent). In other venues, online trade maintained strong growth levels (41.9 percent vs 56.7 percent), while fuel sales eased markedly (11.4 percent vs 29.2 percent). On a seasonally adjusted monthly basis, retail sales jumped 14.4 percent, rebounding firmly from a downwardly revised 5.5 percent fall in May.
2021-08-12
Turkey Retail Trade Growth Remains Solid
Retail sales in Turkey advanced 27 percent year-on-year in May of 2021, following a revised record jump of 42.5 percent in April and compared with a 17.4 percent slump a year earlier. Biggest gains were seen for non-food products (39 percent), of which textiles, clothing and footwear (89.4 percent); computers, books and telecommunication equipment (30.8 percent); electronic goods and furniture (20.6 percent). In addition, online trade jumped 55.8 percent and fuel sales advanced 28.5 percent. Food, drinks and tobacco sales grew 10.6 percent. On a seasonally adjusted monthly basis, retail sales declined 6.1 percent, after a downwardly revised 5.8 percent fall in the previous month.
2021-07-13

Turkey Last Unit Reference Previous Highest Lowest
Consumer Confidence 79.70 points Sep/21 78.20 106.10 73.90
Retail Sales MoM 0.30 percent Aug/21 1.20 23.90 -20.30
Retail Sales YoY 15.00 percent Aug/21 13.20 42.70 -20.00
Consumer Spending 281912681.60 TRY THO Jun/21 259387340.10 299142189.00 101260078.20
Economic Optimism Index 102.40 points Sep/21 100.80 114.00 58.40


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.