Türkiye's retail sales accelerate in January

Volume of retail sales rises 2% month-on-month, official data shows

By Mucahithan Avcioglu

ISTANBUL (AA) - ​​​​​​​Türkiye's retail sales growth accelerated in January compared to the previous month, according to data released by the Turkish Statistical Institute (TurkStat) on Tuesday.

The volume of retail trade rose by 2% month-on-month in January, compared to a 0.8% increase in December, the data showed.

During this period, sales of food, beverages, and tobacco climbed 1.3%, while sales of non-food items rose 2%.

Meanwhile, automotive fuel sales also saw a rise of 3.1% from the previous month.

On an annual basis, retail sales grew by 12.5% in January, marking the slowest growth rate in six months.

Sales of food, drinks and tobacco soared 10.2%, while sales of non-food items grew 15.1% in January year-on-year.

Automotive fuel sales also climbed 5% in the same period.

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