Turkey's retail trade dropped 1.2 percent from a month earlier on June 2019, following a revised 3.3 percent decline in the previous month. That was the tenth consecutive month of contraction, due to lower sales of food, drinks & tobacco (-0.7 percent vs -2.7 percent in May), fuel (-2.3 percent vs -7.4 percent) and non-food products (-1.0 percent vs -1.9 percent) such as electronic goods & furniture (-6.4 percent vs -20.4 percent), computers, books & telecommunications equipment (-4.3 percent vs -6.6 percent) and medical goods & cosmetics (-0.8 percent vs 5.5 percent). Retail Sales YoY in Turkey averaged 5.85 percent from 2006 until 2019, reaching an all time high of 24.70 percent in December of 2010 and a record low of -8.80 percent in December of 2018.

Retail Sales YoY in Turkey is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Turkey to stand at 2.80 in 12 months time. In the long-term, the Turkey Retail Sales YoY is projected to trend around 3.20 percent in 2020, according to our econometric models.

Turkey Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 07:00 AM Retail Sales YoY Mar -3.8% -4.9% -3.6%
2019-06-18 07:00 AM Retail Sales YoY Apr -6.9% -3.4% -2.7%
2019-07-17 07:00 AM Retail Sales YoY May -3.7% -6.6% -4.8%
2019-08-19 07:00 AM Retail Sales YoY Jun -1.2% -3.3% -2.6%
2019-09-16 07:00 AM Retail Sales YoY Jul -1.2% -0.6%
2019-10-15 07:00 AM Retail Sales YoY Aug
2019-11-15 07:00 AM Retail Sales YoY Sep 1.1%


Turkey Consumer Last Previous Highest Lowest Unit
Consumer Confidence 58.30 56.50 98.68 55.30 Index Points [+]
Retail Sales MoM 2.30 0.50 5.00 -7.30 percent [+]
Retail Sales YoY -1.20 -3.30 24.70 -8.80 percent [+]
Consumer Spending 236727780.80 257299893.30 282426440.20 101701774.50 TRY THO [+]
Private Sector Credit 1984463071.00 1988504409.00 2135603878.00 4762.10 TRY Thousand [+]
Consumer Credit 528198574.00 526402249.00 531736763.00 4110315.00 TRY THO [+]
Gasoline Prices 1.26 1.19 2.68 0.56 USD/Liter [+]
Households Debt To GDP 14.80 15.60 19.60 0.10 percent of GDP [+]
Economic Optimism Index 80.70 83.40 114.90 60.80 Index points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -3.30 24.70 -8.80 2006 - 2019 percent Monthly
WDA, 2015=100




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