Turkey's retail trade growth eased sharply to 0.6 percent in December of 2020, following an upwardly revised 12.3 percent surge in the previous month. It was the weakest increase in retail activity since last May, as sales increased at a softer pace for food, beverages & tobacco (8.8 percent vs 11.5 percent in November). In addition, declines were seen in those of automotive fuel (-1.1 percent vs 9.2 percent) and non-food products (-3.3 percent vs 14 percent), especially textiles, clothing & footwear (-18.6 percent vs 4 percent). Meanwhile, sales by mail orders and internet continued to climb (73 percent vs 72 percent), driven by coronavirus-linked lockdown measures. On a monthly basis, retail sales fell 4.2 percent, the first decline since April, after a downwardly revised 2 percent increase in the previous month. source: Turkish Statistical Institute

Retail Sales YoY in Turkey averaged 5.57 percent from 2006 until 2020, reaching an all time high of 24.70 percent in December of 2010 and a record low of -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 March of 2021.

Retail Sales YoY in Turkey is expected to be 3.60 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 6.20 in 12 months time. In the long-term, the Turkey Retail Sales YoY is projected to trend around 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
0.60 12.30 24.70 -20.00 2006 - 2020 percent Monthly
WDA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 07:00 AM Sep 7.8% 6.0% 3.6%
2020-12-14 07:00 AM Oct 12.0% 8.4% 8.5%
2021-01-13 07:00 AM Nov 11.9% 12.4% 9.5%
2021-02-12 07:00 AM Dec 0.6% 12.3% 6.8%
2021-03-12 07:00 AM Jan 0.6% 2.3%
2021-04-13 07:00 AM Feb
2021-05-11 07:00 AM Mar
2021-06-11 07:00 AM Apr


News Stream
Turkey Retail Sales Growth at 7-Month Low
Turkey's retail trade growth eased sharply to 0.6 percent in December of 2020, following an upwardly revised 12.3 percent surge in the previous month. It was the weakest increase in retail activity since last May, as sales increased at a softer pace for food, beverages & tobacco (8.8 percent vs 11.5 percent in November). In addition, declines were seen in those of automotive fuel (-1.1 percent vs 9.2 percent) and non-food products (-3.3 percent vs 14 percent), especially textiles, clothing & footwear (-18.6 percent vs 4 percent). Meanwhile, sales by mail orders and internet continued to climb (73 percent vs 72 percent), driven by coronavirus-linked lockdown measures. On a monthly basis, retail sales fell 4.2 percent, the first decline since April, after a downwardly revised 2 percent increase in the previous month.
2021-02-12
Turkish Retail Sales Growth Remains Solid
Turkey's retail trade growth eased to 11.9 percent year-on-year in November 2020 from an upwardly revised 12.4 percent in the previous month, due to a slowdown in sales of food, drinks, and tobacco (11.4 percent vs 15.2 percent in October). Meanwhile, non-food trade rose at a faster pace (13.8 percent vs 13.2 percent) mainly boosted by increases in on-line trade (69.8 percent vs 90.6 percent), computers, books, telecommunications equipment (12 percent vs 7.9 percent), medical goods and cosmetic (9.6 percent vs 6.2 percent), electronic goods and furniture (17.2 percent vs 16.6 percent), textiles, clothing, and footwear (4 percent vs 10.4 percent). Also, sales of fuel continued to rise (7.5 percent vs 7.2 percent). On a monthly basis, retail sales advanced 2.2 percent in November.
2021-01-13
Turkish Retail Sales Rise the Most in 3 Months
Turkey's retail trade growth accelerated to 12 percent year-on-year in October 2020, the most since July, from an upwardly revised 8.4 percent in the previous month. Non-food trade rose at a faster pace (12.8 percent vs 9.7 percent in September) with sales of medical goods and cosmetics surging 5.8 percent (vs 13.1 percent). At the same time, there were increases in on-line trade (98.3 percent vs 89.4 percent), computers, books, telecommunications equipment (7.1 percent vs 10 percent), electronic goods and furniture (15.4 percent vs 18.4 percent), while sales of textiles, clothing, and footwear rebounded sharply (10 percent vs -7.2 percent). Also, sales of both food, drinks, and tobacco (14.8 percent vs 9.6 percent) and fuel (6.5 percent vs 3.6 percent) grew faster. On a monthly basis, retail sales advanced 4.2 percent in October.
2020-12-14
Turkish Retail Sales Growth Accelerates to 7.8%
Turkey's retail trade growth accelerated to 7.8 percent year-on-year in September 2020 from an upwardly revised 6 percent in the previous month. Non-food trade rose at a faster pace (9.0 percent vs 7.4 percent in August) with sales of medical goods and cosmetics surging 13.1 percent (vs 11.1 percent). At the same time, there were increases in on-line trade (88.4 percent vs 93.2 percent), computers, books, telecommunications equipment (8.8 percent vs 17.3 percent), electronic goods and furniture (17.4 percent vs 19.5 percent), while sales of textiles, clothing, and footwear fell much less (-7.5 percent vs -17.7 percent). Also, sales of food, drinks, and tobacco grew faster (9.2 percent vs 5.4 percent in August). Meantime, sales of fuel continued to rise (3.2 percent vs 3.6 percent). On a monthly basis, retail sales advanced 2.8 percent in September.
2020-11-13

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.