Turkey's retail trade growth slowed to 5.8 percent year-on-year in August 2020, from an upwardly revised 12.5 percent in the previous month. Non-food trade rose at a slower pace (7.2 percent vs 14.4 percent in July) due to a sharp decline in sales of textiles, clothing and footwear (-17.7 percent vs 1.6 percent). At the same time, there were increases in on-line trade (92.6 percent vs 96.3 percent) and sales of computers, books, telecommunications equipment (16.8 percent vs 15.1 percent), electronic goods and furniture (19.0 percent vs 28.9 percent), and medical goods and cosmetic (11.0 percent vs 5.2 percent). In addition, food, drinks and tobacco sales increased 5.2 percent (vs 12.8 percent in July) and fuel trade advanced 3.3 percent (vs 7.8 percent in July). On a monthly basis, retail sales rose 1.4 percent in August.

Retail Sales YoY in Turkey averaged 5.46 percent from 2006 until 2020, reaching an all time high of 24.70 percent in December of 2010 and a record low of -20.50 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 2020. source: Turkish Statistical Institute

Retail Sales YoY in Turkey is expected to be 2.70 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 5.60 in 12 months time. In the long-term, the Turkey Retail Sales YoY is projected to trend around 6.20 percent in 2021 and 4.50 percent in 2022, according to our econometric models.

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Turkey Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
5.80 12.50 24.70 -20.50 2006 - 2020 percent Monthly
WDA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-13 07:00 AM May -16.7% -19.2% -8.6%
2020-08-14 07:00 AM Jun -0.8% -17.3% -9.7%
2020-09-14 07:00 AM Jul 11.9% 0.4% 1%
2020-10-13 07:00 AM Aug 5.8% 12.5% 9.5%
2020-11-13 07:00 AM Sep 5.8% 2%
2020-12-14 07:00 AM Oct


News Stream
Turkish Retail Sales Rise at Softer Pace
Turkey's retail trade growth slowed to 5.8 percent year-on-year in August 2020, from an upwardly revised 12.5 percent in the previous month. Non-food trade rose at a slower pace (7.2 percent vs 14.4 percent in July) due to a sharp decline in sales of textiles, clothing and footwear (-17.7 percent vs 1.6 percent). At the same time, there were increases in on-line trade (92.6 percent vs 96.3 percent) and sales of computers, books, telecommunications equipment (16.8 percent vs 15.1 percent), electronic goods and furniture (19.0 percent vs 28.9 percent), and medical goods and cosmetic (11.0 percent vs 5.2 percent). In addition, food, drinks and tobacco sales increased 5.2 percent (vs 12.8 percent in July) and fuel trade advanced 3.3 percent (vs 7.8 percent in July). On a monthly basis, retail sales rose 1.4 percent in August.
2020-10-13
Turkish Retail Trade Growth Accelerates
Turkey's retail trade climbed 11.9 percent from a year earlier in July of 2020, following an upwardly revised 0.4 percent increase in the previous month, amid signs of recovery in domestic demand as the economy reopened from the coronavirus-induced lockdown. Sales advanced faster for food, drinks & tobacco (12.3 percent vs 3.9 percent in June); computers, books and telecommunication equipment (13.8 percent vs 4.5 percent); audio & video equipment, hardware, paints & glass, and electrical household appliances (27.7 percent vs 2.7 percent) and automotive fuel (7.2 percent vs 0.5 percent). In addition, sales rebounded for clothing & footwear (1.9 percent vs -19 percent). On a monthly basis, retail sales rose 9.5 percent, the third consecutive gain and after an 18 percent jump in June.
2020-09-14
Turkish Retail Sales Fall at Softer Pace
Turkey's retail trade fell 0.8 percent from a year earlier in June 2020, following two months of record declines in sales, amid signs of recovery in domestic demand as the economy reopened from the coronavirus-induced lockdown. Sales continued to fall for textiles, clothing and footwear (-19.5 percent), medical goods and cosmetic (-1.0 percent) and fuel (-0.9 percent). At the same time, on-line trade posted the biggest increase in June (99.4 percent), followed by foods, drinks and tobacco (3.0 percent), computers, books and telecommunication equipment (2.5 percent) and electronic goods and furniture (1.3 percent). On a monthly basis, retail sales jumped 16.5 percent, following a 5.9 percent growth in May.
2020-08-14
Turkish Retail Sales Continue to Drop in May
Turkey's retail trade dropped 16.7 percent from a year earlier in May 2020, following a downwardly revised record 19.2 percent slump in the previous month, amid the coronavirus pandemic. Sales of non-food continued to decline (-25.5 percent vs -36.3 percent in May), of which textiles, clothing & footwear (-58.9 percent vs -76.5 percent); computer, books, telecommunication equipment (-28.4 percent vs -35.3 percent); and electronic goods & furniture (-7.4 percent vs -24.4 percent). In addition, sales of automotive fuel decreased further (-22.6 percent vs -20.6 percent) while those of food rose less (3 percent vs 12.5 percent). In contrast, sales via mail orders and internet increased at a faster pace (106.4 percent vs 104.3 percent). On a seasonally adjusted monthly basis, retail sales went up 3.8 percent, rebounding from a record 21.2 percent plunge in the prior month.
2020-07-13

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.