Business

Turkey: Retail sales volume up 10.6% in February

Highest annual hike in non-food sales at 14.7% in February, official figures show

Retail sales volume with constant prices in the Turkish economy jumped 10.6% year-on-year in February, according to official figures released on Monday.

During the month, the highest annual hike was seen in non-food sales except automotive fuel with 14.7%, the Turkish Statistical Institute (TurkStat) stated.

It added that food, drinks and tobacco sales, and automobile fuels sales followed it with rises of 9.6% and 1.8%, respectively, year-on-year in February.

Among non-food, the volume of textile, clothing and footwear sales rose 19.3%, and computers, books, telecommunications equipment climbed 15.8%.

Volume of medical goods and cosmetic sales, electronic goods and furniture sales went up 8.1% and 6.7%, respectively.

Meanwhile, sales by mail orders and internet climbed 48.1% year-on-year in February.

Retail turnover on rise in October

TurkStat also revealed that the calendar-adjusted retail turnover with current prices jumped 21.8% in February, on a yearly basis.

“In the same month food, drinks and tobacco sales increased by 24.7%, non-food (except automotive fuel) sales increased by 25.2%, automotive fuel sales increased by 8.3%,” it added.

Source
Anadolu Agency

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