Turkey: Retail sales volume jumps in May

Turkey: Retail sales volume jumps in May

Retail sales shoot up in May, posting 27% year-on-year increase, official figures show

By Aysu Bicer

ANKARA (AA) – Turkey’s retail sales volume with constant prices jumped 27% year-on-year in May, according to official figures released on Tuesday.

In May, non-food sales (except automotive fuel) were up 39%, while automotive fuel and food-drinks-tobacco sales posted increases of 28.5% and 10.6%, respectively, Turkish Statistical Institute (TurkStat) data showed.

All non-food indices rose annually, including textile, clothing, and footwear up 89.4%, computers, books, and telecommunications equipment up 30.8%, electronic goods and furniture up 20.6%, and medical goods and cosmetics up 19.5%.

Sales by mail order and the internet also climbed 55.8% year-on-year in May.

Meanwhile, the retail sales volume was up 6.1% on a monthly basis, TurkStat said.


- Retail turnover soars in May

According to the latest data, the calendar-adjusted retail turnover with current prices jumped 49.2% on a yearly basis in May.

“In the same month, food, drinks and tobacco sales increased by 28.9%, non-food (except automotive fuel) sales increased by 62.5%, (and) automotive fuel sales increased by 60.2%,” TurkStat said.

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