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Retail sales in Turkey up 5.5% year-over-year in June

by John Pierce
July 3, 2023
in Business
2 min read
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Retail sales volume in Turkey rises 5.5% year-on-year in June vs. 20.8% on on an annual basis in May, according to official Numbers released on Friday.

sales tag of Consumer spending growing, meanwhile slowed down in June on On a monthly basis after rising as soon as possible pace in a year in May, Turkish Statistical Institute (Turkstat) data showed.

Sales of food, beverages and tobacco are gone up 6.4% of A year Ago in June sales and non-food sales – excluding motor fuel – increased 11.4%.

On the other hand, auto fuel sales fell 11.8% annually in the month.

Sales of electronic goods and furniture were the only indicator published drop between non food items and down 0.2% compared with June 2021, while mail and Internet sales were launched up 33.8%.

On a monthly basis, Turkish retail trade declined 0.7% in Jun.

sales of Sales of food, beverages and tobacco rose marginally, by 0.1%, while non-food sales – excluding motor fuel – increased by 1.8%.

Pigeon car fuel sales 9.6% per month-on-Month in Jun.

Among the non-food items, sales of medical and cosmetic goods were down 3.3% of May.

High total turnover

The national economy’s total turnover, meanwhile, jumped 129.8% in June compared to a year In the past, according to separate data by the Turkish Statistical Institute.

It was nourished by the strong growth in industry and construction tradeand service sectors, the Turkish Statistical Institute said.

biggest annual rise seen. seen in In the services sector, up 167%. Industry followed with 133.5% and trade with 118.7%.

rotation in The construction sector increased by 119.9%. in the month.

On a monthly, seasonally and calendar basis-adjusted total turn indicator was up 7.5% in Jun.

“Industry rose 7.5%, construction 16.8%, trade It increased by 6.1% and services by 9.4% on monthly basis in June 2022,” read the statement of the Turkish Statistical Institute.

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