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.

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 -19.20 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 August of 2020. source: Turkish Statistical Institute

Retail Sales YoY in Turkey is expected to be -6.40 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 5.50 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
-16.70 -19.20 24.70 -19.20 2006 - 2020 percent Monthly
WDA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-13 07:00 AM Feb 10.6% 9.4% 10.4%
2020-05-14 07:00 AM Mar -0.2% 11.7% -4.4%
2020-06-12 07:00 AM Apr -19.3% 0.9% -18.6%
2020-07-13 07:00 AM May -16.7% -19.2% -8.6%
2020-08-14 07:00 AM Jun -16.7% -9.7%
2020-09-14 07:00 AM Jul
2020-10-13 07:00 AM Aug
2020-11-13 07:00 AM Sep -6.4%


News Stream
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
Turkish Retail Sales Fall the Most on Record
Turkey's retail trade sank 19.3 percent from a year earlier in April of 2020, following a revised 0.9 percent increase in the previous month. It was the steepest decline ever recorded in retail activity amid broad lockdown measures to prevent the spread of the novel coronavirus. Sales of non-food declined sharply (-36.7 percent vs -7.7 percent in March), namely those of textiles, clothing & footwear (-77.2 percent vs -27.8 percent); computer, books, telecommunication equipment (-35.6 percent vs -5.4 percent); electronic goods & furniture (-26.7 percent vs -3.6 percent). Also, automotive fuel sales fell significantly (-20.1 percent vs -1.9 percent) and those of food grew at a softer pace (12.5 percent vs 18.2 percent). Meanwhile, trade via mail orders and Internet jumped (105.7 percent vs 47.1 percent). On a seasonally adjusted monthly basis, retail sales tumbled 21 percent, the most on record, after a downwardly revised 6.4 percent decline in the prior month.
2020-06-12
Turkish Retail Sales Fall for 1st Time in 7 Months
Turkey's retail traded edged down 0.2 percent from a year earlier in March 2020, following an upwardly revised 11.7 percent growth in the previous month, as efforts to contain the rapid spread of COVID-19 forced many non-essential businesses to close and people to stay at home. Non-food trade dropped sharply (-8.7 percent vs 16.2 percent in February), led by textiles, clothing & footwear, computers, books & telecommunications equipment and electronic goods & furniture. Meanwhile, there were increases in on-line sales and medical goods & cosmetics trade. Sales of automotive fuel dropped 3.2 percent (vs 2.9 percent in February), while those of food, drinks & tobacco jumped 17.0 percent (vs 10.0 percent in February). On a seasonally adjusted monthly basis, retail trade plummeted 8.1 percent, the most on record.
2020-05-14
Turkey February Retail Trade Growth Quickens to 10.6%
Retail sales in Turkey surged 10.6 percent year-on-year in February of 2020, following a downwardly revised 9.4 percent growth in the previous month. Sales rose faster for food, drinks & tobacco (9.6 percent vs 5.6 percent in January) and non-food products (14.7 percent vs 13.1 percent). Within non-food, the biggest gains were recorded for textiles, clothing & footwear (19.3 percent vs 16.8 percent); computers, books, telecommunications equipment (15.8 percent vs 16.9 percent) and via mail orders or Internet (48.1 percent vs 34.2 percent). Meanwhile, those of automotive fuel increased much less (1.8 percent vs 6 percent). On a monthly basis, retail sales went up 1.4 percent, after an upwardly revised 0.9 percent decrease in the previous month.
2020-04-13

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.