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TREconomy5 days ago

Türkiye's retail sales growth moderates in April

Türkiye's retail sales growth slowed to 11.4% year-over-year in April, according to the Turkish Statistical Institute (TurkStat), marking the lowest growth in over a year. This follows a significant 21.7% rise in March. Total trade sales increased slightly by 0.1% annually, but wholesale trade sales declined by 3.3%, and repairs for motor vehicles and motorcycles dropped by 7.6%. Monthly retail sales fell 1.7% in April, with trade sales decreasing by 2.7%. Growth in nonfood products (excluding fuel) slowed to 14.5% from 29.5%, while food product sales growth improved to 7.6%. Online retail saw

Retail sales in Türkiye surge 11.4 percent year-on-year in April

ISTANBUL

Türkiye ’s retail sales surged 11.4 percent year-on-year in April, said the Turkish Statistical Institute (TÜİK) on June 16.

The trade sales volume edged up 0.1 percent in the month on a yearly basis, while wholesale trade sales fell 3.3 percent.

Non-food (except automotive fuel) sales climbed 14.5 percent in April, while food, drink and tobacco sales rose 7.6 percent. Automotive fuel sales posted an increase of 2.7 percent.

Similarly, sales of computers, books, and telecommunications equipment jumped 18.6 percent on a yearly basis, while online sales rose 17.9 percent.

On a monthly basis, on the other hand, retail sales fell 1.7 percent in April, trade sales decreased 2.7 percent, while wholesale trade dropped 3.7 percent.

Separate data from TÜİK showed that the total turnover index, covering industry, construction, trade and services, rose 35.2 percent year-on-year in April.

On an annual basis, turnover increased by 40.1 percent in industry, 32.2 percent in construction, 33.5 percent in trade and 34.3 percent in services.

The total turnover index edged up 1.6 percent month-on-month in April.

In monthly terms, industry grew 3.7 percent and construction 6.9 percent, while services rose 4.1 percent. Trade, however, declined by 0.6 percent over the same period.

Read the full article at Hurriyet Daily News
Source document: Turkish Statistical Institute (TurkStat)

2 reports

Daily SabahParty-alignedCenter5 days ago
Türkiye's retail sales growth moderates in April

Türkiye's retail sales growth slowed to 11.4% year-over-year in April, according to the Turkish Statistical Institute (TurkStat), marking the lowest growth in over a year. This follows a significant 21.7% rise in March. Total trade sales increased slightly by 0.1% annually, but wholesale trade sales declined by 3.3%, and repairs for motor vehicles and motorcycles dropped by 7.6%. Monthly retail sales fell 1.7% in April, with trade sales decreasing by 2.7%. Growth in nonfood products (excluding fuel) slowed to 14.5% from 29.5%, while food product sales growth improved to 7.6%. Online retail saw

Bias read (Center): The article presents statistical data without overtly biased language or framing. It reports figures objectively, citing the Turkish Statistical Institute (TurkStat) as the source. There is no indication of favoring any particular political stance or economic interpretation.

Official sources cited

  • government Turkish Statistical Institute (TurkStat)
Hurriyet Daily NewsParty-alignedCenter5 days ago
Retail sales in Türkiye surge 11.4 percent year-on-year in April

Retail sales in Türkiye increased by 11.4% year-on-year in April according to data released by the Turkish Statistical Institute (TÜİK). Non-food sales excluding automotive fuel rose 14.5%, while food, drink, and tobacco sales increased by 7.6%. Online sales saw a rise of 17.9%. However, on a monthly basis, retail sales fell by 1.7% compared to March. The total turnover index across industry, construction, trade, and services rose 35.2% year-on-year.

Bias read (Center): The article presents statistical data without commentary, framing, or subjective language. It reports figures from the Turkish Statistical Institute (TÜİK), which is an official source. There is no indication of bias in the presentation of the numbers or their interpretation.

Official sources cited

  • government Turkish Statistical Institute (TÜİK)

Go to the primary sources (2)

The official sources this coverage is built on. Read them directly to bypass framing.

  • governmentTurkish Statistical Institute (TurkStat)
  • governmentTurkish Statistical Institute (TÜİK)