Türkiye's retail sales volume rises 11.5% annually in April
People are seen passing near the stores at the Grand Bazaar, Istanbul, Türkiye, Oct. 23, 2024. (Reuters Photo)


Retail sales volume in Türkiye surged in April compared to the same month last year, according to official data released Monday, marking the strongest growth among all subsectors and driving a 9.6% year-on-year increase in total trade volume.

Retail sales soared 11.5% year-on-year in April, according to the data from the Turkish Statistical Institute (TurkStat).

Among other subsectors, wholesale trade sales rose 8% on a yearly basis, while wholesale and retail trade and repair of motor vehicles and motorcycles volume increased by 13.8%, TurkStat said.

Monthly, retail sales rose by 2.8%, and trade sales and wholesale sales were down 3.1% and 6.1%, respectively.

A separate report by TurkStat on Monday, meanwhile, revealed that the total turnover index posted an annual gain of 32.7% in April.

Among sub-indexes, services increased by 42.1%, construction by 41%, trade by 34.6%, and industry by 22.7% on an annual basis in April. The highest increase was seen in administrative and support service activities, while the lowest was in manufacturing.

The turnover index also rose by 0.8% month-over-month in April.

Services went up by 7%, construction by 0.4%, and trade by 0.3% month-on-month in April, while industry turnover declined by 1.6%.