Retail sales volume drops by 16.7% on annual basis in Turkey
Retail sales volume with constant prices decreased by 16.7% in May 2020 compared with the same month of previous year, Turkish Statistical Institute said in a statement on Monday.
According to the statement, in the same month non-food (except automotive fuel) sales decreased by 25.5%, automotive fuel sales decreased by 22.6%, food, drinks and tobacco sales increased by 3.0%.
Retail sales volume increased by 3.8% on monthly basis
Retail sales volume with constant prices increased by 3.8% in May 2020 compared with the previous month. In the same month non-food (except automotive fuel) sales increased by 17.3%, food, drinks and tobacco sales decreased by 7.7%, automotive fuel sales decreased by 0.3%.
Retail turnover decreased by 11.6% on annual basis
Retail turnover with current prices decreased by 11.6% in May 2020 compared with the same month of previous year. In the same month non-food (except automotive fuel) sales decreased by 17.6%, automotive fuel sales decreased by 34.9%, food, drinks and tobacco sales increased by 13.3%.
Retail turnover increased by 4.7% on monthly basis
Retail turnover with current prices increased by 4.7% in May 2020 compared with the previous month. In the same month non-food (except automotive fuel) sales increased by 18.4%, automotive fuel sales increased by 5.1%, food, drinks and tobacco sales decreased by 8.4%. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye's crude steel output continued its upward trajectory, reaching 28.1 million tons in the January-September period of 2025, marking a 1% increase compared to the same timeframe last year, according to data released by the Turkish Steel Producers Association (TÇÜD).
The Central Bank of the Republic of Türkiye (CBRT) announced that inflation expectations picked up in October, heightening concerns that the pace of disinflation may be slowing. The bank signaled that it will maintain a cautious and data-driven approach to monetary policy in the coming months.
Türkiye’s tourism sector continued its growth trajectory in the third quarter of 2025 (July–September), with tourism income increasing by 3.9% year-on-year to reach 24.26 billion dollars, according to official statistics.
Türkiye’s Minister of Finance and Treasury, Mehmet Şimşek, reiterated the government’s firm commitment to combating inflation and ensuring long-term economic stability during his address at the annual Istanbul Economic Summit on Friday.