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Turkish retail sales surge over 19% in March

by DAILY SABAH WITH AA

ISTANBUL May 11, 2021 - 2:12 pm GMT+3
People shop near the Spice Bazaar in the Eminönü neighborhood in Istanbul, Turkey, April 27, 2021. (AFP Photo)
People shop near the Spice Bazaar in the Eminönü neighborhood in Istanbul, Turkey, April 27, 2021. (AFP Photo)
by DAILY SABAH WITH AA May 11, 2021 2:12 pm

Turkey’s retail sales volume climbed 19.2% year-on-year in March, according to official figures released on Tuesday.

The surge followed a 4.7% gain in February, according to the data from the Turkish Statistical Institute (TurkStat).

Sales of non-food items increased 36.9% year-on-year in the month of March and automotive fuel sales grew 12.1%. Meanwhile, sales of food, beverages and tobacco declined 0.8%.

All non-food indices were up in March: textile, clothing and footwear increased by 63.3%; computers, books and telecommunications equipment by 37.6%; electronic goods and furniture by 25.4% and medical goods and cosmetics by 3.5%.

Mail order and internet sales climbed 76.8% year-on-year in March.

On a monthly basis, retail sales gained 5.1%, following a 3.6% rise in February.

Retail turnover rises

According to the latest data, the calendar-adjusted retail turnover with current prices jumped 38.9% on a yearly basis in March.

“In the same month, food, beverage and tobacco sales increased by 16.6%, non-food (except automotive fuel) sales increased by 60.0% and automotive fuel sales increased by 29.6%,” TurkStat said.

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  • Last Update: May 11, 2021 3:29 pm
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