Retail sales volume hike eases from downwardly revised 7% growth in March
Turkiye’s retail sales grew 0.9% month-on-month in April, according to official data released on Wednesday.
Retail sales volume hike eased from a downwardly revised 7% growth in March after a decline in the aftermath of the February twin earthquakes, the Turkish Statistical Institute (TurkStat) data showed.
Non-food sales except automotive fuel increased 1.9% from a month ago, while food, beverages, and tobacco sales were up by 0.4% in April.
Automotive fuel sales, on the other hand, decreased 1.5% from the previous month.
Computers, books, and telecommunications equipment saw the highest 4% rise among non-food items.
On an annual basis, retail sales surged 27.5% in April, following a 28.8% growth in March.
Non-food sales except automotive fuel soared 34.9% year-on-year in April.
Sales of food, beverage, and tobacco climbed 21.2% as compared to the previous year, while automotive fuel sales increased 12.5%, TurkStat data showed.